At 11:30 (GMT+2) the data on changes in retail sales will be released. On a monthly basis, the value of the indicator is expected to rise to 0.1% in October from -0.8% a month earlier. In annual terms, the indicator is expected to remain unchanged at 3.0% in October. 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; low value weakens it.