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Retail sales in U.K. below expectation…

U.K. retail sales declined by 0.8% in February…

As Office for National Statistics reported today U.K’s retail sales (including fuel) declined by seasonally adjusted 0.8% after gaining 0.3% in January.

Economist estimated 0.5% decrease in February.

In a yearly capture British retail sales increased by 1.0%, disappointing expectations for 2.4% growth.

The couple GPB/USD was traded at 1.5800 early afternoon today.

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