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- U.K. retail sales growth slows in June
U.K. retail sales growth slows in June
U.K. retail sales volume, both excluding and including auto fuel, grew 0.2 percent each month-on-month in June, data from the Office for National Statistics showed Thursday.
Economists had forecast sales including auto fuel to grow 0.3 percent following a 2.1 percent rise in May. Sales, excluding auto fuel grew in line with economists' expectations, after expanding 2.1 percent a month ago.
Compared to June 2012, retail sales including auto fuel grew at a pace of 2.2 percent, faster than the 1.7 percent increase forecast by economists. Likewise, growth in sales excluding fuel rose 2.1 percent compared to the forecast of 1.6 percent rise.
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