date:Sep 20, 2013
UK retail sales unexpectedly fell the most in 10 months in August as demand for food plunged, reversing a surge the previous month. Food dropped 2.7 percent after increasing that amount the previous month, which was the biggest gain since April 2011.
While the data is disappointing on the month, the trends in sales continue to look solid, said David Tinsley, an economist at BNP Paribas SA and a former central bank official. The release today is probably a useful reminder that the economys progr