FX & CFD trading involves significant risk
The Office for National Statistics released its retail sales data for the U.K. on Thursday. Retail sales in the U.K. fell 0.6% in October, missing expectations for a 0.5% decline, after a 1.7% rise in September. September's figure was revised down from a 1.9% increase.
The decline was driven by lower food stores, department stores and clothing sales.
Food sales declined 1.3% in October, non-food sales fell 0.3%, and clothing and footwear sales slid 1.8%, while household goods sales dropped 0.8%.
Sales of auto fuel climbed 1.7% in October.
On a yearly basis, retail sales in the U.K. climbed 3.8% in October, missing forecasts of 4.2% increase, after a 6.2% rise in September. September's figure was revised down from a 6.5% gain.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.