Here’s last month’s and the expected August 2017 retail sales numbers
- Sales 0.2% exp vs 0.3% prior m/m
- 1.1% exp vs 1.3% prior y/y
- Sales ex-fuel 0.2% exp vs 0.5% prior m/m
- 1.4% exp vs 1.5% prior y/y
Retail sales can be a bit of a wild horse at the best of times. The recent year on year numbers have been disappointing, so that’s a trend the BOE will want to see reverse.
UK retail sales m/m & y/y July 2017
Of course, keep a beady eye on cable over the minutes from 08.20 to 08.30 as we’ll see if there’s any suspicious moves ahead of the numbers that could indicate which way the data will go.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Latest posts by Ryan Littlestone (see all)
- The last NFP competition of 2022 - December 1, 2022
- Will this month’s US NFP be a horror show? - October 4, 2022
- US NFP competition – Do you think there’s going to be a turn in the US jobs market? - August 31, 2022