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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessRetail Sales Up 0.4% Q/Q; Set To Add 0.02pp.>
UK DATA: Retail Sales Up 0.4% Q/Q; Set To Add 0.02pp to Q4 GDP
-UK Dec Total Retail Sales -1.5% m/m; +1.4% y/y; +0.4% 3m/3m
-UK Dec Retail Sales Ex-Fuel -1.6% m/m; +1.3% y/y; +0.3% 3m/3m
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Retail sales continued to grow in the final quarter of 2017, driven
primarily by Black Friday-boosted spending in November. With a lot of
spending brought forward into November, sales volumes fell sharply in
December, the biggest December fall since 2010. Sales volumes were down
1.9% over 2017, the weakest annual growth since 2013, and the first
deceleration in growth since 2010. In seasonally-adjusted value terms,
internet sales accounted for 17.2% of sales in December, up from 16.7%
in November and 15.8% in December 2016.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.