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Retail Data

UK Retail Sales Lower Than Expected

07:00 GMT UK Retail Sales (Oct)

  • MoM: actual -0.7% MoM; forecast -0.3% MoM; previous 0.1% MoM;
  • YoY: actual 2.4% YoY; forecast 3.4% YoY; previous 3.2% YoY;
  • Core MoM: actual -0.9% MoM; forecast -0.3% MoM; previous 0.1% MoM;
  • Core YoY:  actual 2.0% YoY; forecast 3.3% YoY; previous 3.2% YoY;

GBP weakens after the data as traders asses weaker consumption.

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