British retail sales growth slows down in October

Source: RTT News
© Scanpix/AFP
UK retail sales increased at their slowest rate in October following a surge in the previous month, as shown in the survey from the Confederation of British Industry. The balance of UK retail sales in general slowed to +19 year-on-year, down from September's 49+. That was considerably below economists' forecasts of +35 and retailers' expectations of +51. The latter project sales volumes to rise by +24 in November. 
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