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BREAKING: UK retail sales much stronger than expected; GDP slightly higher. GBPUSD reacts

8:02 AM 28 March 2025

UK GDP YoY: 1.5% (Forecast 1.4%, Previous 1.4%)

UK GDP QoQ: 0.1% (Forecast 0.1%, Previous 0.1%)

UK Retail Sales YoY: 2.2% (Forecast 0.6%, Previous 1.0%)

  • UK Retail Sales MoM: 1% (Forecast -0.4%, Previous 1.7%)
  • UK Core Retail Sales MoM: 1% (Forecast -0.5%, Previous 2.1%)

UK Current Account: -21.028B (Forecast -24.5B, Previous -18.099B)

GBPUSD gains as stronger retail sales data and slightly higher yearly GDP reading support British pound sterling. 

 

Source: xStation5

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