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UK retail sales probably fell a bit in Jan: Capital Economics

Quotes from Capital Economics:- Retail sales (09.30 GMT) probably fell a bit in Jan, but that would mainly be the result of heavy discounting at the end of last year pulling sales forward into Nov and Dec. - We have penc…

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Quotes from Capital Economics:

- Retail sales (09.30 GMT) probably fell a bit in Jan, but that would mainly be the result of heavy discounting at the end of last year pulling sales forward into Nov and Dec. 

- We have pencilled in a 1% monthly fall, but this would still leave annual growth at a very robust 5%.

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