UK July retail sales +0.5% vs +0.5% m/m expected ...Middle East

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Prior -1.2%UK retail sales +1.4% vs +1.4% y/y expectedPrior -0.2%; revised to -0.3%UK retail sales (ex autos, fuel) +0.7% vs +0.8% m/m expectedPrior -1.5%; revised to -1.3%UK retail sales (ex autos, fuel) +1.4% vs +1.4% y/y expectedPrior -0.8%It's one of those few times that UK retail sales does meet estimates, reaffirming a slight bounce back after the drop in June.Looking at the details, there were increases in department store sales (+4.0%), other non-food store sales (+2.5%), and non-store retailing (+0.7%). But that is offset by declines in clothing store sales (-0.6%), household goods store sales (-0.6%), and automotive fuel sales (-1.9%). Food store sales were flat on the month.There

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Last updated : 16 August 2024 clock 09:09 AM

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UK July retail sales +0.5% vs +0.5% m/m expected ...Middle East

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