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Friday, April 21, 2017

[FOREX NEWS] UK retail sales badly disappoint with ‘1.8% ‘ GBP falls

Brexit is taking its toll. The weak pound results in higher inflation and Brits are buying less. Retail sales drop by no less than 1.8%, much worse than 0.2% expected. A small upwards revision for February is worth only 0.3%. Year over year, sales are up 1.7%  half the 3.4% rise expected. Excluding fuel, sales [...]

The post UK retail sales badly disappoint with ‘1.8% ‘ GBP falls appeared first on Forex Crunch.



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