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Retail sales in Scotland last month still a touch below pre-pandemic levels

All of Scotland moved to Level 0 on Monday (Jane Barlow/PA) Retail sales in Scotland “remained a touch below pre-pandemic levels” in the month before the move to Level 0, according to experts. The Scottish Retail Consortium (SRC)-KPMG Scottish Retail Sales Monitor figures for June show a 3% decrease for total sales in Scotland compared to the same month in 2019 when they had decreased by 2.3%. Figures are compared to pre-pandemic levels for a more meaningful comparison rather than 2020 when shops were opening and closing amid different coronavirus restrictions. Total food sales increased 5.5% in June 2021 when they were up 0.8% in 2019, while total non-food sales decreased 10.1% last month having dropped 4.8% two years ago.

GBP/USD Forecast April 12-16 - Pound takes a dive, GDP next

GBP/USD reversed directions last week and lost close to 1 percent. The upcoming week has five releases. Here is an outlook for the highlights and an updated technical analysis for GBP/USD. In the UK, March PMIs signaled strong economic growth. Services PMI improved to 56.3, up from 49.5. This was well into expansionary territory, above the 50-level. Construction PMI jumped to 61.7, up from 53.3. This showed the strongest rate of construction output growth since September 2014. In the US, JOLTS Job Openings rose to 7.37 million, up from 6.92 million and well above the forecast of 6.91 million. However, unemployment claims climbed unexpectedly, from 719 thousand to 744 thousand, well above the estimate of 682 thousand.

FTSE 100 loses some momentum despite positive open on Wall Street

FTSE 100 loses some momentum despite positive open on Wall Street
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

FTSE 100 slides into the red as sterling strengthens

FTSE 100 slides into the red as sterling strengthens
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

FTSE 100 sees gains pared but retailers remain in favour

FTSE 100 sees gains pared but retailers remain in favour
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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