UK retail sales dropped unexpectedly in November as the Black Friday shopping event had a slightly weaker impact than usual, data from the Office for National Statistics showed Friday.
Retail sales dropped marginally by 0.1 percent in November from a month ago. The decline confounded expectations for an increase of 0.3 percent but this was slower than October's 0.9 percent decrease.
Excluding auto fuel, retail sales slid 0.2 percent after falling 0.8 percent in the previous month. Economists were expecting a monthly growth of 0.2 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.