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U.K. Retail Sales YoY
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Latest Release
Sep 20, 2024
Actual2.5%
Forecast1.4%
Previous1.5%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Oct 18, 2024 (Sep) | 08:00 | 2.5% | |||
| Sep 20, 2024 (Aug) | 08:00 | 2.5% | 1.4% | 1.5% | |
| Aug 16, 2024 (Jul) | 08:00 | 1.4% | 1.4% | -0.3% | |
| Jul 19, 2024 (Jun) | 08:00 | -0.2% | 0.2% | 1.7% | |
| Jun 21, 2024 (May) | 08:00 | 1.3% | -0.9% | -2.3% | |
| May 24, 2024 (Apr) | 08:00 | -2.7% | -0.2% | 0.4% |
News
Dollar slips from two-month high; sterling drops on weak retail sales
By Investing.com - Aug 18, 2023
Investing.com - The U.S. dollar slipped lower in early European trade Friday, retreating from two-month highs but is still on course for a fifth consecutive winning week as a resilient U.S. economy...
Dollar gains as aggressive central banks prompt risk aversion
By Investing.com - Jun 23, 2023
Investing.com - The U.S. dollar gained in early European trade Friday, as more aggressive monetary tightening by a series of central banks, including the Bank of England, prompted a bout of risk...
U.K. retail sales, consumer confidence slump as cost-of-living squeeze tightens
By Investing.com - Jan 20, 2023
By Geoffrey Smith Investing.com -- Retail sales slumped again in the U.K. in December, while consumer confidence fell to a new low as Britons counted the cost of an expensive holiday season. The...
Analysis
Rand Rebounds Amid Global Economic Concerns
By Sable International - Aug 13, 2024
Last week, the South African Rand experienced a significant drop of about 2% on Monday. This was driven by global investors seeking safer assets amid growing fears of a potential US recession,...
Rand Rallies Amid US Election Drama and Local Economic Reforms
By Sable International - Jul 17, 2024
The South African Rand (ZAR) experienced significant fluctuations over the past week due to international influences. Softer US economic data and US election activities have created uncertainty about...
South African Rand Gains Major Strength After a Week of Geopolitical Waves
By Sable International - Jun 18, 2024
The Rand started at its weakest in many weeks as it fluttered a few cents below R18.90 to the US Dollar. Domestic politics were in a state of flux, as the ANC continued discussions with opposition...
Retail Sales (YoY) Discussion
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