The typical/expected impact on GBP pairs is medium.
The consensus forecast for BRC Like-For-Like Retail Sales (YoY) is 1.2%. 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 1% against a forecast of 0.6%.
Other recent announcements which may affect the market's interpretation of the next BRC Like-For-Like Retail Sales (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoE MPC Vote Rate Cut | Bullish change | 5 | 4 | ||
| BoE MPC Vote Rate Hike | (no change) | 0 | 0 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | British Retail Consortium |
| Category: | Consumption |
| Frequency: | Monthly |