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UK December retail sales -1.0% vs +0.5% m/m expected

UK December retail sales -1.0% vs +0.5% m/m expected
  • Prior -0.4%; revised to -0.5%
  • Retail sales -5.8% vs -4.1% y/y expected
  • Prior -5.9%; revised to -5.7%
  • Retail sales (ex fuel) -1.1% vs +0.4% m/m expected
  • Prior -0.3%
  • Retail sales (ex fuel) -6.1% vs -4.4% y/y expected
  • Prior -5.9%; revised to -5.6%

This is but another sign that the UK consumer is suffering as retail sales miss on estimates by quite some margin. The pound has fallen to fresh lows o... Read More

Posted: Jan 20 2023, 07:00
Author Name: forexlive
Views: 111572

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