UK like-for-like sales +1.9% in November (prior +2.6%)

<p>British Retail Consortium (BRC) data:</p><p>Like-for-like sales +1.9% y/y in December</p><ul><li>prior +2.6%</li></ul><p>Total sales +1.7% y/y in December</p><ul><li>November was +2.7%</li></ul><p>BRC comment:</p><ul><li>"The festive period failed to make amends for a challenging
year of sluggish retail sales growth, as weak consumer
confidence continued to hold back spending," </li></ul><p>Survey sponsors KPMG:</p><ul><li> "Christmas shoppers ditched clothing, jewellery and
technology gifts, opting for beauty, health and personal care
products," </li></ul><p>—</p><p>GBP/USD little changed around 1.22747</p><p>—</p><p>Like-for-like sales data strips out the impact of changes in store size.</p>

This article was written by Eamonn Sheridan at www.forexlive.com.