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 high.
There is no forecast value for Retail Sales (MoM) yet - check back for updates.
The most recent announced value for Retail Sales (MoM) was -1.1% against a forecast of 0%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bearish change | 52.2 | 50.5 | ||
| S&P Global Manufacturing PMI | Bullish change | 49.7 | 50.2 | ||
| S&P Global Services PMI | Bearish change | 52.3 | 50.5 | ||
| Retail Sales (YoY) | Bearish change | 1% | 0.2% | ||
| Retail Sales ex-Fuel (MoM) | Bearish change | 0.7% | -1% | ||
| Retail Sales ex-Fuel (YoY) | Bearish change | 1.7% | 1.2% | ||
| GfK Consumer Confidence | Bearish change | -17 | -19 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |