Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Retail Sales (MoM) was 0.7% against a forecast of 0.2%.
Recent economic data has been strongly bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoE MPC Vote Rate Cut | (no change) | 0 | 0 | ||
| BoE MPC Vote Rate Hike | Bullish change | 0 | 1 | ||
| Retail Sales (YoY) | Bearish change | 1.8% | 1.7% | ||
| Retail Sales ex-Fuel (MoM) | Bullish change | -0.6% | 0.2% | ||
| Retail Sales ex-Fuel (YoY) | Bearish change | 2.7% | 1.7% | ||
| GfK Consumer Confidence | Bearish change | -21 | -25 | ||
| S&P Global Composite PMI | Bullish change | 50.3 | 52 | ||
| S&P Global Manufacturing PMI | Bullish change | 51 | 53.6 | ||
| S&P Global Services PMI | Bullish change | 50.5 | 52 | ||
| Consumer Price Index (MoM) | Bullish change | 0.4% | 0.7% | ||
| Consumer Price Index (YoY) | Bullish change | 3% | 3.3% | ||
| Core Consumer Price Index (YoY) | Bearish change | 3.2% | 3.1% | ||
| PPI Core Output (MoM) n.s.a | Bullish change | -0.7% | 0.2% | ||
| PPI Core Output (YoY) n.s.a | (no change) | 2% | 2% | ||
| Producer Price Index - Output (MoM) n.s.a | Bullish change | -0.5% | 0.9% | ||
| Producer Price Index - Output (YoY) n.s.a | Bullish change | 1.8% | 2.6% | ||
| Retail Price Index (MoM) | Bullish change | 0.4% | 0.8% | ||
| Retail Price Index (YoY) | Bullish change | 3.6% | 4.1% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |