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U.K. Retail Sales MoM

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U.K. Retail Sales MoM

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Jan 20, 2023
Actual
-1.0%
Forecast
0.5%
Previous
-0.5%
Retail Sales gauges the change in the aggregate value of sales at the retail level across the country. It is an important indicator of consumer spending accounting for the majority of overall economic activity.

A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP.
Importance:
Country:
Currency: GBP
Source: Office for National Statistics
U.K. Retail Sales MoM
 
Release Date Time Actual Forecast Previous
Feb 17, 2023 (Jan) 07:00     -1.0%
Jan 20, 2023 (Dec) 07:00 -1.0% 0.5% -0.5%
Dec 16, 2022 (Nov) 07:00 -0.4% 0.3% 0.9%
Nov 18, 2022 (Oct) 07:00 0.6% 0.3% -1.5%
Oct 21, 2022 (Sep) 06:00 -1.4% -0.5% -1.7%
Sep 16, 2022 (Aug) 06:00 -1.6% -0.5% 0.4%

News

Dollar remains unloved; sterling drops on weak retail sales
Dollar remains unloved; sterling drops on weak retail sales By Investing.com - Jan 20, 2023

By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Friday, remaining around seven-month lows amid concerns of a U.S. economic slowdown, while sterling retreated after...

Analysis

David Madden
Tech Tanks As Yields Rise, USD Dominates   By David Madden - Aug 19, 2022

Worries about rising interest rates and inflationary pressures are hitting stocks. Thursday, Mary Daly of the Federal Reserve, announced the war on inflation is not over, and Daly said the Fed might...

Retail Sales (MoM) Discussion

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