MoM Change in UK Retail Sales Excluding Auto Sales
United Kingdom| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
Month-on-month retail sales excluding automobiles measure the percentage change in the UK's retail sales, excluding automobile sales, for a specific month compared to the previous month. This data is crucial for understanding short-term consumer spending trends. The Office for National Statistics (ONS) releases this data monthly, providing seasonally adjusted figures.
If retail sales excluding automobiles are increasing month-on-month, it indicates higher consumer spending and economic expansion. Conversely, if sales are decreasing, it suggests lower consumer spending and potential economic stagnation. This data is a valuable reference for policymakers when adjusting monetary and fiscal policies.
For example, if retail sales excluding automobiles show strong growth, the central bank may consider raising interest rates to curb inflation risks. Conversely, if sales are declining, there may be a need to strengthen economic stimulus measures. Additionally, this data is important for businesses and investors as it helps gauge consumer trends and economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
