• Prior 0.1%. Revised to 0.2%
  • 2.6% vs 3.4% exp y/y. Prior 3.6%. Revised to 3.4%
  • Ex-fuel 0.5% vs 0.4% exp m/m. Prior -0.1%
  • 3.4% vs 3.4% exp y/y. Prior 4.0%. Revised to 3.8%
  • Sales 3m/3m 0.3% vs 1.5% prior.

Sorry about the original misprint, grabbed ex-fuel number by mistake

GBP/USD loses 20 odd pips to 1.6570

Non-store retail and petrol stations lead the drop say the ONS

UK retail sales breakdown 21 08 2014

UK retail sales breakdown 21 08 2014

  • Average retail prices fell 0.9% even with food prices rising 0.2%
  • Online spending fell 1.9% in July but was up 11.2% y/y
UK retail sales m/m y/y 21 08 2014

UK retail sales m/m y/y 21 08 2014