UK retail sales decreased for the first time in three months in February, though at a slower-than-expected pace, data from the Office for National Statistics showed on Friday.
The seasonally adjusted retail sales volume posted a monthly fall of 0.4 percent in February, reversing a 2.0 percent growth in January, which was the strongest growth since May 2024. The rate of increase in January was revised up from 1.8 percent. Economists had expected a drop of 0.7 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.