Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

UK Gets Unexpected Boost From Black Friday Sales

British shoppers pounced on electrical goods and other Black Friday bargains last month, giving an unexpectedly big boost to retail sales, which contrasted with earlier signs of a subdued start to Christmas spending.Consumers have been squeezed through most of this year by rising inflation which hit its highest in nearly six years last month, at a time when wages are failing to keep up.But there was some unexpected cheer for retailers in November data from the Office for National Statistics, which showed sales volumes were 1.6 percent higher than a year ago, beating all forecasts in a Reuters poll of economists.

Source: UK retailers enjoy bumper Black Friday sales – Reuters

Does Draghi Have One More Treat Up His Sleeve?

The Song Remains the Same

Gold Ticks Higher, Federal Reserve Decision Looms



This post first appeared on MarketPulse - MarketPulse - MarketPulse Is The Mar, please read the originial post: here

Share the post

UK Gets Unexpected Boost From Black Friday Sales

×

Subscribe to Marketpulse - Marketpulse - Marketpulse Is The Mar

Get updates delivered right to your inbox!

Thank you for your subscription

×