London's FTSE 100 fell 0.4% amid China growth concerns, while UK retail sales rose in October 2024.
London's FTSE 100 index fell 0.4% to 8,350.56 in early trading on October 18, 2024, amid concerns over slowing economic growth in China, where GDP grew 4.6% in Q3, slightly below Q2's 4.7% but above expectations. Conversely, UK retail sales rose 0.3% month-on-month, driven by technology and clothing purchases, marking a 3.9% increase year-on-year—the largest since February 2022.
October 18, 2024
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