United Kingdom: Retail sales rebound in November
Latest reading: Retail sales grew 0.2% month-on-month in seasonally adjusted terms in November (October: -0.7% mom), undershooting market expectations of a 0.5% expansion. Growth in sales at food stores was partly offset by a fall in clothing sales.
On an annual basis, retail sales rose 0.5% in November, which was below October’s 2.1% expansion.