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UK Retail Sales Fall by 0.8% in September


Thursday, 18 October 2018 15:55 WIB

Ekonomi inggrisUK Retail SalesPenjualan Ritel Inggris


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UK retail sales fell 0.8% in September, the Office for National Statistics said on Thursday.

This was compared to a 0.4% increase in the previous month which was revised up from an initial gain of 0.3%. Economists had forecast a 0.4% drop.

Year-on-year, retail sales rose by 3.0% last month. Analysts had penciled in a 3.6% gain.

Sales in August advanced 3.4% from the year before, an upward revision from an initial 3.3%.

Core retail sales, which exclude automobile sales and fuel, decreased by 0.8% in September, after rising 0.5% a month earlier. August's revision was an increase from an initial 0.3% advance.

Economists had expected a 0.4% decline.

Source : Investing.com


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