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UK: October total sales, October like-for-like sales, & October consumer spending all up
Some encouraging data out of the UK for October. Not all good news however, devil-in-the-details sort of thing. Via a Reuters report:
The British Retail Consortium said spending at major stores in October was 1.6% higher than a year earlier, slowing from 2.2% in September and representing a big fall in the volume of purchases once inflation was taken into account.
- The BRC's measure of like-for-like sales, which adjusts for changes in retailers' floor space, slowed to 1.2% in... Read More
Posted: Nov 8 2022, 00:12
Author Name: forexlive
Views: 102688