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UK August retail sales +0.4% vs +0.5% m/m expected
Prior -1.2%; revised to -1.1%Retail sales -1.4% vs -1.2% y/y expectedPrior -3.2%; revised to -3.1%Retail sales (ex autos, fuel) +0.6% vs +0.6% m/m expectedPrior -1.4%Retail sales (ex autos, fuel) -1.4% vs -1.3% y/y expectedPrior -3.4%; revised to -3.3%It's a slight miss on estimates but at least it is a bounce back after the poor showing in July. That being said, the divergence between retail sales volumes and values is continuing in the UK and that is not a good sign:Looking at the details, fue...
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Posted: Sep 22 2023, 06:00
Author Name: forexlive
Views: 110261
