UK retail sales surprised to the upside in March, rising by 0.4% mom, defying market expectations for a -0.3% mom decline. The unexpected strength was attributed largely to favorable weather conditions, which lifted sales at clothing and outdoor retailers. However, this gain was partially offset by weaker performance at supermarkets. Looking beyond the monthly figure, […]

The post UK retail sales rise 0.4% mom in March, 1.6% qoq in Q1 appeared first on Action Forex.