UK retail sales dropped 0.5% m/m in June, arriving below market expectations. The core retail sales in the UK declined 0.6% m/m in June. The UK retail sales dropped 0.5% over the month in June, coming in way below the market expectations while core retail sales stripping the auto motor fuel sales dropped 0.6% m/m. On an annualized basis, the UK retail sales rose 2.9% in June versus 3.9% expected while the core retail sales rose 3.0% in the reported month versus 4.5% previous and 3.0% expectations. Commenting on today’s retail sales figures, Office for National Statistics senior statistician, Rhian Murphy said: “Retail sales grew strongly across the three months to June 2018 as the warm weather encouraged shoppers to buy food and drink for their BBQs.” “However, in June retail sales actually fell back slightly, with continued growth in food sales offset by declining spending in many other shops as consumers stayed away from stores and instead enjoyed the World Cup and the heatwave.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US economy remains solid – Deutsche Bank FX Street 5 years UK retail sales dropped 0.5% m/m in June, arriving below market expectations. The core retail sales in the UK declined 0.6% m/m in June. The UK retail sales dropped 0.5% over the month in June, coming in way below the market expectations while core retail sales stripping the auto motor fuel sales dropped 0.6% m/m. On an annualized basis, the UK retail sales rose 2.9% in June versus 3.9% expected while the core retail sales rose 3.0% in the reported month versus 4.5% previous and 3.0% expectations. Commenting on today's retail sales figures, Office for National Statistics senior statistician, Rhian… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
