The typical/expected impact on GBP pairs is medium.
The consensus forecast for BRC Like-For-Like Retail Sales (YoY) is 1.6%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for BRC Like-For-Like Retail Sales (YoY) was 3.2% against a forecast of 1.8%.
Other recent announcements which may affect the market's interpretation of the next BRC Like-For-Like Retail Sales (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
GfK Consumer Confidence | Bullish change | -21 | -19 | ||
S&P Global/CIPS Composite PMI | Bullish change | 52.8 | 54 | ||
S&P Global/CIPS Manufacturing PMI | Bearish change | 50.3 | 48.7 | ||
S&P Global/CIPS Services PMI | Bullish change | 53.1 | 54.9 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | British Retail Consortium |
Category: | Consumption |
Frequency: | Monthly |