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UK June retail sales +0.7% vs +0.2% m/m expected

Prior +0.3%; revised to +0.1%Retail sales -1.0% vs -1.5% y/y expectedPrior -2.1%; revised to -2.3%Retail sales (ex autos, fuel) +0.8% vs +0.2% m/m expectedPrior +0.1%; revised to 0.0%Retail sales (ex autos, fuel) -0.9% vs -1.6% y/y expectedPrior -1.7%; revised to -1.9%There is a slight negative revision to the May readings but the June estimates are a considerable beat and that is helping to give the pound a brief lift (note how I say brief). Looking at the breakdown, food stores sales contribut... Read More

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June

Retail

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Expected

Forex

Posted: Jul 21 2023, 06:00

Author Name: forexlive

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