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Bloomberg
UK retailers made a faltering start to the fourth quarter as sales unexpectedly fell for a second month in October.
The volume of goods sold in stores and online declined 0.5 percent from September, the Office for National Statistics said. The median forecast in a Bloomberg survey was for a
0.2 percent gain.
Decline was largest in seven months and followed a 0.4 percent drop in September Retail sales excluding auto fuel fell 0.4 percent. Sales of household goods dropped 3 percent, clothing sales were down
1 percent and sales at “other†stores, a category that includes pharmacies, booksellers and computer shops, fell 1.4 percent. Mild weather hit winter clothing sales and household goods had done well earlier.