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UK Retail Sales (Oct 2019) Preview -........>

MNI (London)
UK DATA: UK Retail Sales (Oct 2019) Preview - 0930GMT 14/11/19
- BBG: 0.2%m/m; 3.7%y/y; Prev (Sep): 0.0%m/m, 3.1%y/y 
- Ex. Fuel: BBG: 0.2% m/m, 3.4% y/y; Prev (Sep): 0.2% m/m, 3.0% y/y 
- Monthly retail sales are expected to edge up by 0.2pp to 0.2% in Oct, while
sales excl. fuel are forecast to remain at Sep's level of 0.2%. 
- M/M retail sales came in flat in Sep after they hit the lowest level since May
in Aug (-0.3%) 
- Sep's improvement was led by an uptick in food and non-food stores sales,
while non-store retailing and fuel sales showed monthly declines 
- The annual rates for both indicators are seen accelerating to 3.7% (incl.
fuel) and 3.4% (excl. fuel) 
- The BRC-KPMG shop sales monitor rebounded in Oct after a sharp drop in the
previous month, although the VISA consumer spending index revealed a thirteenth
consecutive monthly fall in annual sales.
MNI London Bureau | +44 203-865-3812 |
MNI London Bureau | +44 203-865-3812 |

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