Like-for-like sales in the United Kingdom were up just 0.1 percent on year in December, the British Retail Consortium said on Tuesday.
That was well shy of forecasts for an increase of 0.5 percent following the 0.4 percent contraction in November.
Overall retail sales gained 1.0 percent on year.
In the three months to December, sales were up 0.9 percent, including a 0.2 percent gain in food sales and a 1.5 percent increase in non-food sales.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.