UK: Annual Retail Sales climb 5.3% in December

FXstreet.com (Barcelona) - National Statistics informed on Friday that year-over-year UK Retail Sales grew 5.3% in December, compared with the 1.8% increase in November and above forecasts of +2.6%.

On a monthly basis UK Retail Sales rose 2.6% in December, after growing 0.1% in November and above expectations of increasing 0.4%.

Annual Retail Sales excluding Fuel climbed 6.1%, up from the 2.1% rise and above market consensus of 3.2% growth. Month-over-month Retail Sales excluding Fuel edged up 2.8%, following a 0.2% increase and exceeding expectations of +0.3%.

GBP/USD soars after strong UK retail sales

The GBP/USD rallied a full cent and reached a 2-day high after UK retail sales data came in stronger than expected.
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