UK retail sales fell in August unexpectedly

The British purchased less in August, compared to the previous month

According to the British Bureau of Statistics (ONS) on Friday, the value of retail sales was 0.9 percent lower than the previous month.

The consensus average of analyst forecasts predicted a 0.5 percent monthly increase in traffic for August.

August was the fourth consecutive month in which the value of UK retail monthly turnover fell. (MTI)