Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The typical/expected impact on GBP pairs is medium.
There is no forecast value for BRC Like-For-Like Retail Sales (YoY) yet - check back for updates.
The most recent announced value for BRC Like-For-Like Retail Sales (YoY) was 2.9% against a forecast of 2%.
Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next BRC Like-For-Like Retail Sales (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | (no change) | 0.3% | 0.3% | ||
Gross Domestic Product (YoY) | Bullish change | 1.2% | 1.4% | ||
S&P Global Composite PMI | Bearish change | 53.5 | 51 | ||
S&P Global Manufacturing PMI | Bearish change | 47 | 46.2 | ||
S&P Global Services PMI | Bearish change | 54.2 | 51.9 |
Country: | United Kingdom |
---|---|
Currency: | GBP |
Source: | British Retail Consortium |
Category: | Consumption |
Frequency: | Monthly |