UK retail sales dropped -0.3% mom, ex-fuel sales dropped -0.5% mom

<p>UK retail sales (quantity bought) dropped -0.3% mom in February, below expectation of 0.0% mom. Retail sales ex-fuel dropped -0.5% mom, also worse than expectation of -0.2% mom. Rolling three months, quantity bought in retail sales dropped for the fourth consecutive month by -0.6% 3mo3m. Excluding fuel, sales dropped -0.6% 3mo3m. Full release here.</p>
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