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 0.5% against a forecast of -0.2%.
Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| GfK Consumer Confidence | Bullish change | -14 | -13 | ||
| S&P Global Composite PMI | Bearish change | 52.5 | 51.7 | ||
| S&P Global Manufacturing PMI | Bullish change | 51.7 | 52 | ||
| S&P Global Services PMI | Bearish change | 52.5 | 51.7 | ||
| Retail Sales (YoY) | Bullish change | 1.2% | 2.4% | ||
| Retail Sales ex-Fuel (MoM) | Bullish change | -0.9% | 0.6% | ||
| Retail Sales ex-Fuel (YoY) | Bullish change | 1.8% | 2.7% | ||
| BoE MPC Vote Rate Cut | (no change) | 0 | 0 | ||
| BoE MPC Vote Rate Hike | (no change) | 3 | 3 | ||
| Consumer Price Index (MoM) | Bullish change | 0.3% | 0.5% | ||
| Consumer Price Index (YoY) | Bullish change | 2.9% | 3.1% | ||
| Core Consumer Price Index (YoY) | (no change) | 2.6% | 2.6% | ||
| PPI Core Output (MoM) n.s.a | Bearish change | 0.4% | 0.3% | ||
| PPI Core Output (YoY) n.s.a | (no change) | 2.7% | 2.7% | ||
| Producer Price Index - Output (MoM) n.s.a | Bullish change | 0.4% | 0.7% | ||
| Producer Price Index - Output (YoY) n.s.a | Bullish change | 3.3% | 3.7% | ||
| Retail Price Index (MoM) | (no change) | 0.6% | 0.6% | ||
| Retail Price Index (YoY) | Bullish change | 3.2% | 3.4% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |