Retail Sales. UK, 10:30 (GMT+2)

Retail Sales release is due at 10:30 (GMT+2) in the UK. It is predicted that on a monthly basis, the value of the indicator will drop to –0.4% in September from 0.3% a month earlier. In annual terms, the index is expected to grow to 3.6% in September from 3.3% a month earlier. The indicator is based on the total number of checks for purchases in retail stores and characterizes the level of consumer spending and demand. Growth in sales is an important factor in the development of the economy. A high value has a positive effect on the economy and strengthens the GBP, as low one weakens it.

Start Trading
Follow us in social networks!
Live Chat
Leave feedback