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U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Malaysian headline inflation falls further in October, likely to remain negative in 2020

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Gold steadies amid concerns over rising virus cases

Swiss franc likely to gradually depreciate against euro in coming months

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Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further

Bank of Thailand keeps key policy rate on hold at 0.50 pct

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UK sales probably hurt by bad weather

Thursday, September 17, 2015 5:16 AM UTC

The underlying trend of consumer demand is strong, supported by a high level of consumer confidence and rapid growth in real disposable income.

However, retail sales are highly volatile on a month to month basis.

"In July, sales ex auto fuels rose by 0.4% mom but in August they will have been hurt by the unusually wet weather in the final week so a fall of 0.6% mom is predicted", says Societe Generale.

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UK sales probably hurt by bad weather

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