Rolling coverage of the latest economic and financial news
- Latest: UK retail sales fell 0.9% in December
- Black Friday partly to blame
- WSJ: Steven Mnuchin proposed cutting China tariffs
- Treasury denies it, but stocks rise
- China cut taxes to spur demand
All main sector spend, except for food and fuel, declined in December 2018 – a month-on-month decrease of 0.9% https://t.co/KA94JJNrJ5
Here are the key points from the retail sales data, just released (and online here)Continue reading...