• U.K. retail sales growth slows in June

Market news

18 July 2013

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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