UK DATA: May Retail Sales -1.4% m/m; +0.2% y/y
–Median -0.6% m/m; +1.5% y/y
–May Retail Sales ex fuel -1.6% m/m; unch. y/y;median -0.6% m/m;1.7% yy
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Retail sales volumes fell at their fastest pace for over a year in
May and have not grown over the past 12 months, as retailers reported
that the poor economic climate was hitting sales, figures released by
National Statistics Thursday showed.