TeleTrade - Analytics


    685.50 6.50/10
    80% of positive reviews

    24.03.2016 10:01 UK retail sales fall 0.4% in February

    The Office for National Statistics released its retail sales data for the U.K. on Thursday. Retail sales in the U.K. fell 0.4% in February, beating expectations for a 0.7% drop, after a 2.3% rise in January.


    The decline was driven by a weak demand for clothing. Clothing and footwear sales fell 0.4% in February.


    Food store sales were down 0.3% in February, while non-food store sales decreased 0.1%.


    On a yearly basis, retail sales in the U.K. climbed 3.8% in February, in line with forecasts, after a 5.4% rise in January. January's figure was revised up from a 5.2% gain.

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree