U.K. Realized sales higher in February.

Tuesday, 28 February 2012 02:37

The survey of CBI in February showed that volume of retail sales in U.K. rose much more than expected.

For the first two weeks of February 34% retailers said that volume of sales increased and 36% of them reported decrease. That gives -2%, which is a high improvement from -22% in January. Economists estimated reading of -14%.

The couple GBP/USD was traded at 1.5842 right after news released by Confederation of British Industry.