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UK Retail Sales Slow To Seven-Month Low
date:Jun 30, 2014
The UKs yearly retail sales growth slowed to a seven-month low in June, the Confederation of British Industry has announced.

Falling demand for food and clothing led to the slowdown, said the group.

Retail sales dropped to +4 in June from +16 in the previous month, according to CBI distributive trades survey. It was the lowest figures since last November.

Expectations for the coming month are also subdued, with the index dropping to a five-month low.

The UKs economic recovery was driven by c

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