UK Retail Sales Suffer Fourth Month Without.>

UK DATA: UK Retail Sales Suffer Fourth Month Without Growth

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- UK NOV RETAIL SALES -0.6% M/M, +1.0% Y/Y, Below BBG F/C

- UK NOV RETAIL SALES EX-FUEL -0.6% M/M, +0.8% Y/Y  

- UK OCT RETAIL REVISED TO 0.0% M/M; Q3 REVISED DOWN TO +0.5%

- UK NOV RETAIL -0.4% 3M/3M VS +0.1% 3M/3M IN OCT

- UK NOV RETAIL DEFLATOR +0.3% Y/Y, EX-FUEL +0.5%

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UK retail sales slumped by 0.6% in Nov, falling short of market 

forecast of a 0.2% increase. Nov's reading marks the fourth consecutive 

month without growth which has not occured since comparable records 

began in 1996. The 3-month avg fell by 0.4%, its first decline since Apr 

2018. Nov's setback was broadly based, with non-specialised stores 

showing the largest m/m fall. Household goods stores recorded the only 

m/m increase, boosted by promotional activity, according to anecdotal 

evidence.