UK retail sales dropped -3.8% mom in November, worse than expectation of -3.3% mom. Ex-fuel sales dropped -2.6% mom, also below expectation of -2.3% mom. Over the year, headline retail sales rose 2.8% yoy versus expectation of 2.8% yoy. Ex-fuel sales rose 5.6% yoy versus expectation of 6.2% yoy.
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