As expected, U.K. retail sales +0.2% on month in June vs +2.1% previously; on year, sales +2.2%...
As expected, U.K. retail sales +0.2% on month in June vs +2.1% previously; on year, sales +2.2% vs +2.1% in May and +1.7% consensus. Excluding fuel, sales +0.2% (as forecast) vs +2.1% in May; on year, sales +2.1% vs +2.3% prior and forecasts of +1.6%. The pound (GBB, FXB) spikes against the dollar before falling back a bit and is now -0.1%. (PR)
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