BREAKING: EURGBP muted after weaker UK retails sales data 📌

07:00 AM GMT, United Kingdom - Retail Sales Data for June:

Retail Sales: actual -0.2% YoY; forecast 0.2% YoY; previous 1.7% YoY;
Retail Sales: actual -1.2% MoM; forecast -0.6% MoM; previous 2.9% MoM;
Core Retail Sales: actual -0.8% YoY; forecast 0.2% YoY; previous 1.6% YoY;
Core Retail Sales: actual -1.5% MoM; forecast -0.5% MoM; previous 2.9% MoM;

Retail sales volumes in Great Britain fell by 1.2% in June 2024, reversing a 2.9% increase in May 2024. Most sectors experienced declines, notably department stores, clothing retailers, and non-food stores, which saw a 2.1% decrease. Overall, retail sales volumes in Quarter 2 of 2024 dropped by 0.1% compared to Quarter 1 and by 0.2% year-over-year. Online spending also decreased by 2.7% in June 2024, although it was 2.3% higher than in June 2023.

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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