Pursuits
U.K. Retail Sales Unexpectedly Decline Around Christmas: Economy
This article is for subscribers only.
U.K. retail sales unexpectedly fell in December as consumer uncertainty extended into the key Christmas trading season for British stores.
Sales including fuel declined 0.1 percent from November, when they stagnated, the Office for National Statistics said today in London. The median forecast of 22 economists in a Bloomberg News survey was for a 0.2 percent increase. Household goods fell the most in almost three years. From a year earlier, total sales rose 0.3 percent.