Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for Retail Sales ex-Fuel (MoM) was -0.4% against a forecast of -0.3%.
Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex-Fuel (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Inflation Expectations | Bullish change | 3.2% | 4% | ||
| Gross Domestic Product (MoM) | Bearish change | 0.3% | -0.1% | ||
| Industrial Production (MoM) | Bullish change | -0.2% | 0% | ||
| Manufacturing Production (MoM) | Bearish change | 1.2% | 0.4% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bullish change | -3.4% | 3.4% |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |