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 ex-Fuel (MoM) yet - check back for updates.
The most recent announced value for Retail Sales ex-Fuel (MoM) was -0.9% against a forecast of -0.4%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex-Fuel (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
BRC Like-For-Like Retail Sales (YoY) | Bearish change | 0.3% | -3.4% | ||
S&P Global/CIPS Composite PMI | Bearish change | 51.8 | 49.9 | ||
S&P Global/CIPS Manufacturing PMI | Bearish change | 49.9 | 48.6 | ||
S&P Global/CIPS Services PMI | Bearish change | 52 | 50 | ||
Retail Sales (MoM) | Bearish change | 0.1% | -0.7% | ||
Retail Sales (YoY) | Bearish change | 3.2% | 2.4% | ||
Retail Sales ex-Fuel (YoY) | Bearish change | 3.2% | 2% | ||
GfK Consumer Confidence | Bullish change | -21 | -18 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Consumption |
Frequency: | Monthly |