Global EconomyIMPORTANT
UK Retail Sales ex Fuel YoY (Jun) Y/Y 5.4% vs. Exp. 3.2% (Prev. 4.6%)
StockNow breaking-news AI analysis
June UK retail sales ex-fuel surged 5.4%, far exceeding expectations. This spending strength complicates the Bank of England's goal to curb inflation, likely keeping interest rates at 3.75% or higher.
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