UK November retailing reported sales -11 vs -36 prior

• Prior -36

Sales continue to fall in November but at least the outlook for UK retailers are more optimistic than it was before. The outlook index improved to +4 from -14 in August. However, the headline reading still marks a seventh consecutive negative reading for retail sales. And that shows the squeeze is continuing for UK households even ahead of the Christmas shopping season.

This article was written by Justin Low at www.forexlive.com.



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