U.K. Retail Sales Beat Forecasts With Record Christmas Increase
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U.K. retail sales rose more than economists forecast in December, led by a surge at department stores and smaller shops during the key Christmas season.
Sales including fuel increased 2.6 percent from November, the Office for National Statistics said today in London. That’s the strongest December since records began in 1996. The median forecast of 22 economists in a Bloomberg News survey was for a