UK Retail Sales decline 1.4% MoM in September vs. -0.5% expected

• The UK Retail Sales came in at -1.4% MoM in September, a big miss.
• Core Retail Sales for the UK fell by 1.5% MoM in September.
• The cable extends losses below 1.1200 on the downbeat UK data.

The UK retail sales arrived at -1.4% over the month in September vs. -0.5% expected and -1.7% previous. The core retail sales, stripping the auto motor fuel sales, dropped 1.5% MoM vs. -0.3% expected and -1.6% previous.          

more to come ...