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U.K. March Retail Sales Unexpectedly Fall as Fuel Sales Plunge
U.K. retail sales unexpectedly fell in March and the government undershot its borrowing forecasts in the latest fiscal year, providing a mixed set of data as parties spar over the economy in the run-up to the general election. The volume of sales including auto fuel fell 0.5 percent from February, the Office for National Statistics said in London Thursday. Economists forecast a 0.4 percent increase, according to the median estimate in a Bloomberg News survey. Sales excluding auto fuel rose 0.2 percent, less than forecast. Separate figures showed the budget deficit in the fiscal year ended March narrowed more than ... (full story)
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