Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP 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 1.1% against a forecast of 0.5%.
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 | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | Bearish change | 0.6% | 0.5% | ||
Gross Domestic Product (YoY) | Bearish change | 0.9% | 0.7% | ||
S&P Global/CIPS Composite PMI | Bearish change | 53.8 | 52.9 | ||
S&P Global/CIPS Manufacturing PMI | Bearish change | 52.5 | 51.5 | ||
S&P Global/CIPS Services PMI | Bearish change | 53.7 | 52.8 |
Country: | United Kingdom |
---|---|
Currency: | GBP |
Source: | Office for National Statistics |
Category: | Consumption |
Frequency: | Monthly |