UK retail sales data for September is due Thursday - preview

Due at 0830GMT the Sep 2018 retail sales data for Brexit land

Preview via Nomura:

• There are a number of reasons we forecast a fall in official sales volumes in September including: i) payback from the cumulative 1.5% rise in sales during the previous two months, and ii) a weaker reading on the BRC survey and (to a lesser extent) the CBI distributive trades survey.

via HSBC:

• UK retail sales have been strong over the summer, with growth of 2% over the three months to August. However, the nice weather has faded, the World Cup is over and inflation rose again in August. Even if the overall CPI inflation rate headed lower in September, the real feel of higher petrol prices may have hit spending a little. So we expect a fall back in retail sales volumes in September. Still, the y-o-y rate should remain relatively healthy.