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UK September retail sales -0.9% vs -0.2% m/m expected

Prior +0.4%Retail sales -1.0% vs -0.1% y/y expectedPrior -1.4%; revised to -1.3%Retail sales (ex autos, fuel) -1.0% vs -0.4% m/m expectedPrior +0.6%Retail sales (ex autos, fuel) -1.2% vs -0.2% y/y expectedPrior -1.4%; revised to -1.3%It may sound repetitive but this is once again more evidence of struggle in UK consumption activity. As much as inflation is coming off as per ONS estimates, I'm not sure if that is translating much to activity on the ground. You can see how the divergence between t... Read More

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September

Retail

Sales

Expected

Forex

Posted: Oct 20 2023, 06:00

Author Name: forexlive

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