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 (YoY) was 1.1% against a forecast of 1.5%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex-Fuel (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Retail Sales (MoM) | Bearish change | 0.6% | -1.3% | ||
| Retail Sales (YoY) | Bearish change | 1.4% | 0% | ||
| Retail Sales ex-Fuel (MoM) | Bearish change | 0.1% | -0.4% | ||
| GfK Consumer Confidence | Bullish change | -25 | -23 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |