23.02.2015 - Statistics on retail sales in the UK disappointed investors
Balance of retail sales in the UK unexpectedly fell in February to 1 compared with 39 in January and forecast growth to 42. This figure was the lowest since the end of 2013. The fall was recorded in grocery stores, specialized stores and clothing stores, but grew up in stores that sell chemicals and cultural values. Despite the current decline, analysts expect its growth in the coming months and forecasts growth of consumption in the country. We maintain our medium-term negative outlook, but we expect the price growth of the British pound in the near future.