Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx 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 0.3% against a forecast of 1.4%.
Recent economic data has been strongly 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 (MoM) | Bearish change | 0.2% | -0.1% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.5% | 0.1% | ||
Gross Domestic Product (YoY) | Bullish change | 0.7% | 1% | ||
Industrial Production (MoM) | Bearish change | 0.5% | -0.5% | ||
Manufacturing Production (MoM) | Bearish change | 1.3% | -1% | ||
Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 4.9% | 4.8% | ||
Average Earnings Including Bonus (3Mo/Yr) | Bullish change | 3.9% | 4.3% | ||
Claimant Count Change | Bearish change | 10.1K | 26.7K | ||
Claimant Count Rate | (no change) | 4.7% | 4.7% | ||
Employment Change (3M) | Bearish change | 373K | 219K | ||
ILO Unemployment Rate (3M) | Bearish change | 4% | 4.3% | ||
BoE MPC Vote Rate Cut | Bearish change | 1 | 8 | ||
BoE MPC Vote Rate Hike | (no change) | 0 | 0 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | British Retail Consortium |
Category: | Consumption |
Frequency: | Monthly |