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UK: Retail Sales fall 2.3% YoY
FXstreet.com (Córdoba) - UK retail sales values fell 2.3% on YoY
basis from April 2009, against a rise of 4.6% reached same period
"The April trading period included only Easter Sunday and Monday this year, but all of Easter in 2009. On a total basis, sales fell 0.2% against a 6.3% increase in April 2009." was published by the British Retail Consortium.
The British Retail Consortium ( BRC ) Retail Sales Monitor measures changes in the actual value of retail sales from participating companies with invaluable management information on a regular and reliable basis. It shows the performance of the retail sector. A high reading is is seen as positive (or bullish) for the GBP, while a low reading is seen as negative.