HomeLive CommentsSterling dips after poor December UK retail sales

Sterling dips after poor December UK retail sales

ActionForex
By ActionForex

Sterling weakens notably after rather poor December UK retail sales data.

  • Retail sales including auto fuel dropped -0.9% mom versus expectation of -0.7%.
  • Retail sales excluding auto fuel dropped -1.3% mom versus expectation of -0.5% mom.

Also, for the three months to December, compared with the previous three months:

  • Retail sales including auto fuel dropped -0.2%
  • Retail sales excluding auto fuel dropped -0.4%

Full release here.

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