| Indicator | Value |
|---|---|
| Forecast | -0.3% |
| Previous | 1.8% |
The retail sales m/m report provides information on changes in consumer spending in the United Kingdom. It is a key indicator of economic health, as consumer spending constitutes a large part of GDP. Readings above forecasts may suggest an increase in economic activity, while lower readings may indicate a slowdown.
Watchlist: DXY reaction, UST yields, commodity market volatility
Related Topics
Related Analysis
Further Reading
- Global Economic Prospects — World Bank
- Foreign Exchange Market — Bank for International Settlements
