September 2018 UK retail sales data 18 October 2018

  • Prior 0.3%. Revised to 0.4%
  • 3.0% vs 3.6% exp y/y. Prior 3.3%. Revised to 3.6%
  • Ex-fuel -0.8% vs -0.4% exp m/m. Prior 0.3%. Revised to 0.45
  • 3.2% vs 3.8% exp y/y. Prior 3.5%. Revised to 3.4%

Poor numbers but they were flagged by some of the other retail metrics. Some small saving grace is the mostly higher revisions to last month. GBPUSD softens a touch to 1.3100 from 1.3110.

Ryan Littlestone

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