UK Retail Sales drop 0.4% MoM in November vs. 0.3% expected

• The UK Retail Sales came in at -0.4% MoM in November, a big beat.
• Core Retail Sales for the UK dropped by 0.3% MoM in November.
• The cable keeps its range at above 1.2200 on the downbeat UK data.

The UK retail sales arrived at -0.4% over the month in November vs. 0.3% expected and 0.9% previous. The core retail sales, stripping the auto motor fuel sales, fell by 0.3% MoM vs. 0.3% expected and 0.7% previous.

more to come ...