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U.K. Retail Sales MoM
Add to Calendar
Latest Release
Jan 20, 2023
Actual-1.0%
Forecast0.5%
Previous-0.5%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Feb 17, 2023 (Jan) | 02:00 | -1.0% | |||
| Jan 20, 2023 (Dec) | 02:00 | -1.0% | 0.5% | -0.5% | |
| Dec 16, 2022 (Nov) | 02:00 | -0.4% | 0.3% | 0.9% | |
| Nov 18, 2022 (Oct) | 02:00 | 0.6% | 0.3% | -1.5% | |
| Oct 21, 2022 (Sep) | 01:00 | -1.4% | -0.5% | -1.7% | |
| Sep 16, 2022 (Aug) | 01:00 | -1.6% | -0.5% | 0.4% |
News
European stocks edge higher; Ericsson slumps on weak 5G sales
By Investing.com - Jan 20, 2023
3
By Peter Nurse Investing.com - European stock markets pushed higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth and tight...
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...
U.K. retail sales, consumer confidence slump as cost-of-living squeeze tightens
By Investing.com - Jan 20, 2023
By Geoffrey Smith Investing.com -- Retail sales slumped again in the U.K. in December, while consumer confidence fell to a new low as Britons counted the cost of an expensive holiday season. The...
Analysis
Britons Tighten Their Belts
By Alexander Kuptsikevich - Jan 20, 2023
UK retail sales fell by 1% in December, excluding fuel by 1.1%. The data surprised analysts who had, on average, expected an increase of 0.5% last month. Sales were 5.8% lower than in the same month a...
Pound Edges Lower as Retail Sales Slump
By Kenny Fisher - Jan 20, 2023
The British pound edged lower on Friday. In the European session, GBP/USD is trading at 1.2360, down 0.27%.Retail sales fall sharplyUK retail sales were dismal in December. The headline figure fell...
Pound Sterling Shrugs as GDP Beats Forecast
By Kenny Fisher - Dec 12, 2022
It promises to be a hectic week in the UK, with a host of key calendar events that could influence GBP/USD. Monday started on a positive note, as GDP for October climbed 0.5%, up from -0.6% in...
Retail Sales (MoM) Discussion
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