UK August retail sales 0.6% vs 0.7% m/m expected

Author: Giles Coghlan | Category: News

ONS - 16 September 2020

ONS
  • Prior +3.6%, revised to +3.7%
  • Retail sales  2.8% vs 3.0% y/y expected
  • Prior 1.4%
  • Retail sales (ex autos, fuel) 0.6% vs +0.4% m/m expected
  • Prior +2.0%; revised to 2.1%
  • Retail sales (ex autos, fuel) + 4.3% vs +4.2% y/y expected
  • Prior +3.1%
Delay at source .The pent up demand from lockdown that was showing itself in last months data is pulling back as expected. GBP unfazed as this data point is not in focus now.    (more to come)  
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