The typical/expected impact on GBP pairs is medium.
The consensus forecast for Retail Sales ex-Fuel (MoM) is 0.2%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for Retail Sales ex-Fuel (MoM) was -1% against a forecast of -0.2%.
Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex-Fuel (MoM) result:
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |