UK Retail Sales prints 0% MoM in March vs. 0.3% expected

• The UK Retail Sales arrived at 0% MoM in March, miss estimates.
• Core Retail Sales for the UK drops 0.3% MoM in March.
• GBP/USD stays weak near 1.2400 after mixed UK data.

The UK Retail Sales came in at 0% over the month in March vs. 0.3% expected and 0.1% in February, the latest data published by the Office for National Statistics (ONS) showed Friday.

The Core Retail Sales, stripping the auto motor fuel sales, dropped by 0.3% MoM, compared with a 0.3% growth in February.