The amount consumers spent grew by just 1.9 per cent last year, marking the slowest annual growth for five years and a sharp fall on 2016 when sales jumped 4.6 per cent.
Economist Sam Tombs at Pantheon Macroeconomics said December's plunge in retail sales confirms that November's surge merely reflected people bringing forward Christmas present shopping to take advantage of Black Friday discounts.
December Retail sales in the United Kingdom have dropped by 1.5 percent from November highlighting low consumer spending due to rising prices, revealed the Office for National Statistics (ONS) on Friday.
Black Friday sales in November distorted the readings for December, ONS said, noting that consumers "continue to move Christmas purchases earlier with higher spending in November and lower spending in December than seen in previous years".
"A month-on-month dip and year-on-year rise appears hard to assess, but the truth is that these kinds of comparisons are increasingly unsafe for retail analysts trying to untangle performance over the Christmas period".
The retail figures showed sales volumes fell 1.5% on November, which was boosted by strong Black Friday trade.
The Office for National Statistics reported that sales volumes were down 1.5 per cent in the month, worse than the 0.8 per cent City of London analysts had pencilled in.
"The longer-term picture is one of slowing growth, with increased prices squeezing people's spending", said Rhian Murphy of the ONS. However, it fell 0.2 per cent against the euro, dropping as low as €1.3332.
Inflation has been outstripping increases in wages, denting the spending power of shoppers.
"But there could be some light at the end of the tunnel", he added, amid signs that wage growth is picking up and inflation may have peaked.
Ben Brettell, senior economist, at stockbrokers Hargreaves Lansdown, said that year-on-year retail sales rose by 1.4% in December, but that was lower than the 3% jump predicted by analysts.
But Ian Gilmartin, head of retail & wholesale at Barclays Corporate Banking, said: "Although it might look like a negative result for the retail sector at first glance, December's retail data needs to be considered more carefully".
Mattis went on to say the goal of this strategy is to send a message to anyone that wants to take on the U.S. Defense Secretary James Mattis speaks about the National Defense Review, Friday, in Washington .
The comments to her LV post were: 'is this a hint? The couple has not shared their baby girl's name yet or her first photo. The pressure is definitely on for Kim and Kanye , because they've gotta come up with a name as extra as North AND Saint .
However, the Apple CEO advised users not to do so, warning that it could result in unexpected restarts of their smartphones. As soon as we get some details on the exact release date of the iOS 11.2.5 software update, we will let you guys know.
The levies will place additional financial constraints on households and small businesses within the Cape metropolitan area. One of the measures, which the council will vote on Friday, is a punitive tariff for the city's thirstiest consumers.
While Karadima's victims were deemed credible by the Vatican, Francis apparently felt the need to change course on Thursday. They staged an unprecedented protest during his 2015 installation ceremony and have protested his presence ever since.
The official Cranberries website cited "medical reasons associated with a back problem" that prevented O'Riordan from performing. Olé Koretsky , the boyfriend of Cranberries singer Dolores O'Riordan, has spoken about her death for the first time.
Blake Bortles is feeling the love from Bengals fans after he helped the Jaguars beat the Steelers this past weekend. Bengals fans took notice of the performance against their rival and chose to thank the third-year quarterback.
Matt Norris, on behalf of the Indiana Petroleum Marketers and Convenience Store Association, said the request was simple. Under current law, grocery, drug and convenience stores aren't allowed to sell cold beer but liquor stores are.
The warrant possibly stems from an incident in Budapest, Hungary, that happened as far back as 2009, according to 444. The Hungarian law enforcement website cites Gorka for an alleged incident in 2009 relating to firearms or ammunition.
Palestinian witnesses said they saw at least two Palestinians arrested, with clashes continuing into Thursday morning. The Israeli army said in a statement on Twitter that Jarrar had used a "self-manufactured weapon".
Bracamontes has repeatedly proclaimed his guilt and has requested the death penalty at past court hearings, ABC News reported . White previously ruled that Bracamontes was mentally competent, but Barbour asked for the judge to reconsider his decision.
But the challenge is to start everything from scratch - fresh auction, who will we get, whether we will get the core team or not. The fact that we sold off all endorsement deals even before the retentions were announced underlines CSK's brand value.
His enthusiasm for a second crossing was not shared by a Downing Street spokesman who said: "I haven't seen any plans on that". Currently, the only way the countries are connected are by the Channel Tunnel railway line which runs under the sea.
The Cleveland Cavaliers earned a hard-fought 104-103 win over the Orlando Magic on Thursday, ending a four-game losing streak. And the former MVP looked sharp in limited action - notching nine points and three boards in just over 13 minutes of work.
Trump used that word or a substantially similar word. "Others in the room were also using tough language". Under persistent questioning, Nielsen said she didn't recall the specific language used by Trump.
The former lottery pick is averaging career highs in points (13.7 per game), assists (6.4), rebounds (4.6) and steals (2.1). Jerian Grant and Denzel Valentine should earn more minutes if he misses any games.
Ted Kennedy of MA and Republican Sen. "The US$20 billion dollar Wall is "peanuts" compared to what Mexico makes from the U.S. Of the 26 seats now held by senatorswho caucus with Democrats up for election this year, 10 are in states Trump won in 2016.
The two deadly accidents , along with a string of other mishaps, has forced the Navy to do some serious soul searching in general. In June, the USS Fitzgerald collided with a Philippines cargo ship off Japan, resulting in the deaths of seven USA sailors.
Fournette escaped injury when a auto rear-ended ended his vehicle, pushing his Mercedes-Maybach 6 into the auto in front of him. According to reports the person who hit him was a Steelers fan who was going to the airport to drop the in-laws off.
By contrast, as THR points out, "the new Star Wars films lean especially heavily on references and nostalgia for the originals". He's not exactly the Luke you know, with the years in isolation taken away any youthful exuberance, but my god he's still Luke.