UK Retail Sales Soften In December After Black Friday Bonanza

IB Times: Economy

(Reuters) - British retail spending growth slowed in December after consumers splashed out on November's "Black Friday" bargains and prices continued to fall broadly, industry data showed on Tuesday.

The British Retail Consortium said year-on-year retail spending was 1.0 percent higher this December than a year ago, the weakest December growth since 2008 and a sharp contrast with November's 2.2 percent jump.

view IB Times: Economy