UK Retail Sales drop 0.9% MoM in September vs. -0.1% expected

• The UK Retail Sales declined 0.9% MoM in September, a big miss.
• Core Retail Sales for the UK dropped 1.0% MoM in September.
• GBP/USD holds lower ground near 1.2100 on downbeat UK retail trade data.

The UK Retail Sales dropped 0.9% over the month in September vs. -0.1% expected and 0.4% recorded in August, according to the official data published by the Office for National Statistics (ONS) on Friday.

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