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UK Retail Sales Fall Unexpectedly In October

Por: RTTNews Business November 17, 2023

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UK retail sales declined unexpectedly in October as high interest rates hurt spending ahead of the festive season, official data revealed on Friday. Retail sales logged a 0.3 percent monthly drop but slower than the September's revised 1.1 percent decrease, the Office for National Statistics said. However, the fall confounded forecast of 0.3 percent gain.Similarly, excluding auto fuel, retail sales slid 0.1 percent after a 1.3 percent... + full article



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