BIG MISS: UK Retail Sales Plunge In October


Photo: Flickr Mario Sanchez Prada

More ugly data out of the UK.Retail sales fell 0.8 per cent in October from September.  This was much worse than the 0.1 per cent decline expected by economists.

Bloomberg’s Linda Yueh reports that this is the biggest drop since April.

The British pound is plunging.

SEE ALSO: Photos Of The Mass Austerity Protests Sweeping Across Europe >

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