Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The typical/expected impact on GBP pairs is medium.
There is no forecast value for Retail Sales (YoY) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Retail Sales (YoY). Please check the candle charts instead.)
The trading range of GBPUSD was pips following the most recent Retail Sales (YoY).
The most recent announced value for Retail Sales (YoY) was -1.4% against a forecast of -1.2%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global/CIPS Composite PMI | Bearish change | 48.6 | 46.8 | ||
S&P Global/CIPS Manufacturing PMI | Bullish change | 43 | 44.2 | ||
S&P Global/CIPS Services PMI | Bearish change | 49.5 | 47.2 | ||
Retail Sales (MoM) | Bullish change | -1.1% | 0.4% | ||
Retail Sales ex-Fuel (MoM) | Bullish change | -1.4% | 0.6% | ||
Retail Sales ex-Fuel (YoY) | Bullish change | -3.3% | -1.4% | ||
GfK Consumer Confidence | Bullish change | -25 | -21 | ||
BoE MPC Vote Rate Cut | (no change) | 0 | 0 | ||
BoE MPC Vote Rate Hike | Bearish change | 8 | 4 | ||
Consumer Price Index (MoM) | Bullish change | -0.4% | 0.3% | ||
Consumer Price Index (YoY) | Bearish change | 6.8% | 6.7% | ||
Core Consumer Price Index (YoY) | Bearish change | 6.9% | 6.2% | ||
PPI Core Output (MoM) n.s.a | Bearish change | 0.1% | -0.1% | ||
PPI Core Output (YoY) n.s.a | Bearish change | 2.2% | 1.6% | ||
Producer Price Index - Output (MoM) n.s.a | (no change) | 0.2% | 0.2% | ||
Producer Price Index - Output (YoY) n.s.a | Bullish change | -0.7% | -0.4% | ||
Retail Price Index (MoM) | Bullish change | -0.6% | 0.6% | ||
Retail Price Index (YoY) | Bullish change | 9% | 9.1% | ||
Consumer Inflation Expectations | Bullish change | 3.5% | 3.6% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Consumption |
Frequency: | Monthly |
The value of Retail Sales (YoY) has been announced.
Forecast | Actual |