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Market News Topics
January 15, 2018 10:49 GMT
UPDATE: MNI UK Data Forecasts - December UK Retail Sales
MNI (London)
By Jamie Satchithanantham
LONDON (MNI) - Analysts see UK retail sales contracting by 1.0% m/m in
December after a very strong "Black Friday"-enhanced November showing, an
updated survey of expectations shows. Ex-fuel, sales volumes are seen falling by
0.8% m/m.
The sector remains poised to contribute positively to fourth quarter GDP
growth and would have to fall by more than 3% m/m in December to not do so.
--------------------------------------------------------------------------
Dec Dec Dec Dec
Retail Sales Retail Sales Retail Sales Retail Sales
Incl. Petrol Incl. Petrol Excl. Petrol Excl. Petrol
% MoM % YoY % MoM % YoY
Date Out 19-Jan 19-Jan 19-Jan 19-Jan
Median -1.0 2.8 -0.8 2.8
Forecast High -0.6 3.1 0.0 3.7
Forecast Low -2.0 1.6 -1.5 2.2
Standard Deviation 0.5 0.6 0.5 0.7
Count 9 6 6 4
Prior 1.1 1.6 1.2 1.5
Barclays -2.0 1.6 N/A N/A
Berenberg N/A N/A -0.6 N/A
Capital Economics -0.8 2.9 N/A N/A
Commerzbank -1.1 N/A N/A N/A
Investec -0.6 3.0 -0.6 3.0
Lloyds TSB -1.5 2.2 -1.5 2.2
Natixis -1.0 2.6 N/A N/A
Nomura N/A N/A 0.0 3.7
Oxford Economics -0.6 3.1 N/A N/A
Pantheon -0.8 N/A N/A N/A
Societe Generale N/A N/A -1.2 2.5
UniCredit -1.0 N/A -1.0 N/A
--MNI London Bureau; +44 203-586-2226; email: jamie.satchithanantham@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MABDT$,M$B$$$,M$E$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
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