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 0.2% against a forecast of -0.1%.
Recent economic data has been moderately 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) | (no change) | -0.3% | -0.3% | ||
Gross Domestic Product (YoY) | (no change) | -0.2% | -0.2% | ||
Retail Sales (MoM) | Bearish change | 3.6% | 0% | ||
Retail Sales (YoY) | Bearish change | 0.5% | -0.4% | ||
Retail Sales ex-Fuel (YoY) | Bearish change | 0.5% | -0.5% | ||
GfK Consumer Confidence | (no change) | -21 | -21 | ||
BoE MPC Vote Rate Cut | (no change) | 1 | 1 | ||
BoE MPC Vote Rate Hike | Bearish change | 2 | 0 | ||
S&P Global/CIPS Composite PMI | Bearish change | 53 | 52.9 | ||
S&P Global/CIPS Manufacturing PMI | Bullish change | 47.5 | 49.9 | ||
S&P Global/CIPS Services PMI | Bearish change | 53.8 | 53.4 | ||
Consumer Price Index (MoM) | Bullish change | -0.6% | 0.6% | ||
Consumer Price Index (YoY) | Bearish change | 4% | 3.4% | ||
Core Consumer Price Index (YoY) | Bearish change | 5.1% | 4.5% | ||
PPI Core Output (MoM) n.s.a | Bearish change | 0.3% | 0.2% | ||
PPI Core Output (YoY) n.s.a | Bullish change | -0.3% | 0.3% | ||
Producer Price Index - Output (MoM) n.s.a | Bullish change | 0% | 0.3% | ||
Producer Price Index - Output (YoY) n.s.a | Bullish change | -0.3% | 0.4% | ||
Retail Price Index (MoM) | Bullish change | -0.3% | 0.8% | ||
Retail Price Index (YoY) | Bearish change | 4.9% | 4.5% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Consumption |
Frequency: | Monthly |