Free Trial

Retail sales due at 7:00BST

UK DATA
  • Due to the volatile nature of the release and the lack of correlation with consumption data, we don't place much weight on this release (and we don't think the MPC does either).
  • Ex-fuel consensus looks for +0.3%M/M (prior was +0.2%M/M), +1.0%Y/Y (-0.5%Y/Y).
  • Inc fuel, consensus looks for +0.3%M/M (prior was flat), +1.0%Y/Y (prior -0.4%Y/Y).
52 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Due to the volatile nature of the release and the lack of correlation with consumption data, we don't place much weight on this release (and we don't think the MPC does either).
  • Ex-fuel consensus looks for +0.3%M/M (prior was +0.2%M/M), +1.0%Y/Y (-0.5%Y/Y).
  • Inc fuel, consensus looks for +0.3%M/M (prior was flat), +1.0%Y/Y (prior -0.4%Y/Y).