Retail sales in the United Kingdom fell unexpectedly by 0.3 percent month-over-month in January 2017, following an upwardly revised 2.1 percent drop in December and missing market expectations of a 0.9 percent gain, amid increased prices in fuel and food. The largest downwards contribution came from non-store retailing (-4.1 percent), followed by food stores (-0.5 percent) and petrol stations (-1.5 percent). Compared with January 2015, sales rose 1.5 percent, their weakest performance since November 2013. The underlying pattern, as suggested by the 3 month on 3 month movement, decreased by 0.4 percent, the first fall since December 2013. Retail Sales MoM in the United Kingdom averaged 0.22 percent from 1996 until 2017, reaching an all time high of 2.90 percent in December of 2013 and a record low of -3.40 percent in June of 2008.
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In the United Kingdom, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In the United Kingdom, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides the latest reported value for – United Kingdom Retail Sales MoM – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Retail Sales MoM – actual data, historical chart and calendar of releases – was last updated on February of 2017.