K. retail sales increased in July, according to a survey by a retail trade group, an early indicator that consumers didn’t slow spending in the immediate wake of Britain’s vote to leave the European Union. Many economists and policy makers have warned that the uncertainty generated by the vote will likely weigh on growth in the months and years ahead. The upbeat data follow a series of gloomier economic signals.

Source: Wall Street Journal August 09, 2016 08:02 UTC