• The UK Retail Sales came in at -0.1% MoM in June, beat estimates
• Core Retail Sales for the UK rose by 0.4% MoM in June.
• The cable remains in the red below 1.2000 on the mixed UK data.

The UK retail sales arrived at -0.1% over the month in June vs. -0.3% expected and -0.8% previous. The core retail sales, stripping the auto motor fuel sales, stood at 0.4% MoM vs. -0.4% expected and -1.0% previous.          

On an annualized basis, the UK retail sales plunged 5.8% in June versus -5.3% expected and -4.7% prior while the core retail sales fell by 5.9% in the reported month versus -6.3% expectations and -5.5% previous.

more to come ...