UK – British Retail Consortium (BRC) retail like-for-like sales: +0.9% (vs. expected +0.6%)

British Retail Consortium (BRC) November retail like-for-like sales: +0.9%y/y

• vs. expected +0.6%, prior was 0.0%

• Sales of household appliances higher
• Evidence of strong Black Friday sales
• High street department store chain John Lewis says Black Friday helped deliver the biggest weekly sales in the group’s 150 year history, with sales up 21.8% y/y and online sales up 42.2%.
• BRC data show the day feeding through to November seeing the fourth fastest yearly growth in like-for-like