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British retail sales fall 0.6% in January

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LONDON, Feb 15 AFP

February 16 2013, 03:14AM

British retail sales sank 0.6 per cent in January from activity in December, the Office for National Statistics (ONS) said.

That confounded market expectations for a gain of 0.6 per cent, according to analysts polled by Dow Jones Newswires.

Sales meanwhile fell by a greater-than-expected 0.3 per cent in December from November. That marked a downgrade from the prior figure of a 0.1 per cent decline.

On a 12-month comparison, the ONS added that sales in January also slid by 0.6 per cent compared with the same month of 2012.