Retail sales data from the UK, a big jump in this indicator well ahead of expected and the strongest since January of 2016
more to come
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This is the British Retail Consortium "Like For Like Sales", its a method of valuation that attempts to exclude any effects of expansion, acquisition or any other event on a company"s sales.
UK data - BRC sales like-for-like for October: +1.7% y/y (expected +0.6%, prior 0.4%)
UK data - BRC sales like-for-like for October: +1.7% y/y (expected +0.6%, prior 0.4%)
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