FOREX TradingCharts.com

Financial News: UK 2019 Retail Sales Worst On Record: BRC

UK 2019 Retail Sales Worst On Record: BRC

01/08/2020 - 22:26:00 (RTTNews)

(RTTNews) - UK retail sales for 2019 was the worst on record, the British Retail Consortium said Thursday.

Combined retail sales for November and December decreased 0.9 percent. Like-for-like sales fell 1.2 percent.

Consequently, the full year retail sales fell 0.1 percent, BRC reported.

Twice the UK faced the prospect of a no deal Brexit, as well as political instability that concluded in a December General Election - further weakening demand for the festive period, Helen Dickinson, chief executive at BRC, said.

Retailers also faced challenges as consumers became both more cautious and more conscientious as they went about their Christmas shopping, Dickinson added. Looking forward, the public's confidence in Britain's trade negotiations will have a big impact on spending over the coming year.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Housing Starts Skyrocket To 13-Year High In December (07 min(s), 01 sec(s) ago)
(RTTNews) - After reporting significant increases in new residential construction in the two previ ...Full Story»

U.S. Housing Starts Spike 16.9% In December (40 min(s), 01 sec(s) ago)
(RTTNews) - After reporting significant increases in new residential construction in the two previ ...Full Story»

UK Retail Sales Fall Unexpectedly During Festive Season (01 hr(s), 52 min(s), 01 sec(s) ago)
(RTTNews) - UK retail sales declined unexpectedly even in festive season in December signaling tha ...Full Story»

Eurozone Construction Output Recovers In November (01 hr(s), 58 min(s), 01 sec(s) ago)
(RTTNews) - Eurozone construction output recovered in November, Eurostat reported Friday. Co ...Full Story»

Portugal Producer Prices Decline For Seventh Month (02 hr(s), 12 min(s), 01 sec(s) ago)
(RTTNews) - Portugal's producer prices fell for the seventh month in a row in December, figure ...Full Story»

Italy Inflation As Estimated; Trade Surplus Rises (02 hr(s), 12 min(s), 01 sec(s) ago)
(RTTNews) - Italy consumer price inflation increased in December as estimated, final data from the ...Full Story»

Nigeria Inflation At 20-Month High (02 hr(s), 23 min(s), 01 sec(s) ago)
(RTTNews) - Nigeria's consumer price inflation rose to the highest level in twenty months in D ...Full Story»

Austria Inflation Accelerates In December (02 hr(s), 24 min(s), 01 sec(s) ago)
(RTTNews) - Austria's consumer price inflation rose in December, figures from Statistics Austr ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Housing Starts Skyrocket To 13-Year High In December

01/17/2020 - 09:16 AM (RTTNews)
(RTTNews) - After reporting significant increases in new residential construction in the two previ ...Full Story>>

U.S. Housing Starts Spike 16.9% In December

01/17/2020 - 08:43 AM (RTTNews)
(RTTNews) - After reporting significant increases in new residential construction in the two previ ...Full Story>>

UK Retail Sales Fall Unexpectedly During Festive Season

01/17/2020 - 07:31 AM (RTTNews)
(RTTNews) - UK retail sales declined unexpectedly even in festive season in December signaling tha ...Full Story>>

Eurozone Construction Output Recovers In November

01/17/2020 - 07:25 AM (RTTNews)
(RTTNews) - Eurozone construction output recovered in November, Eurostat reported Friday. Co ...Full Story>>

Italy Inflation As Estimated; Trade Surplus Rises

01/17/2020 - 07:11 AM (RTTNews)
(RTTNews) - Italy consumer price inflation increased in December as estimated, final data from the ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.