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 (YoY) yet - check back for updates.
The most recent announced value for Retail Sales ex-Fuel (YoY) was 1.2% against a forecast of 1.6%.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex-Fuel (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | (no change) | 0.1% | 0.1% | ||
| Gross Domestic Product (YoY) | (no change) | 1.3% | 1.3% | ||
| Retail Sales (MoM) | Bullish change | -0.9% | -0.1% | ||
| Retail Sales (YoY) | (no change) | 0.6% | 0.6% | ||
| Retail Sales ex-Fuel (MoM) | Bullish change | -0.8% | -0.2% | ||
| GfK Consumer Confidence | Bullish change | -19 | -17 | ||
| BoE MPC Vote Rate Cut | Bearish change | 4 | 5 | ||
| BoE MPC Vote Rate Hike | (no change) | 0 | 0 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |