Thursday, December 17, 2009

UK retail sales unexpectedly declined in November

The volume of retail sales in Britain fell by 0.3% for November, reported the National Statistics Office. Thus analysts predicted an increase in rate of 0,5%. Note that in October the index of retail sales increased by 0,6%.
In annual terms, the index of retail sales amounted to 3.1% for November compared with 3.7% a month earlier. Analysts predicted that the annual rate will not change.

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