07:00 AM BST, United Kingdom - Retail Sales Data for July:
- Retail Sales: actual 0.5% MoM; forecast 0.6% MoM; previous -0.9% MoM;
- Retail Sales: actual 1.4% YoY; forecast 1.4% YoY; previous -0.3% YoY;
- Core Retail Sales: actual 0.7% MoM; forecast 0.8% MoM; previous -1.3% MoM;
- Core Retail Sales: actual 1.4% YoY; forecast 1.4% YoY; previous -0.8% YoY;
The data are more or less in line with consensus, hence we do not see a significant reaction in the market after the publication. It is important to note the strong rebound compared with the previous month's reading and the solid month-on-month increase.
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