Retail Sales. UK, 08:00 (GMT+2)
smartmoney.oneAt 08:00 (GMT+2), July retail sales data will be released in the UK. The indicator monthly reflects the volume of all goods sold by retailers.It is calculated based on a sample of UK retail stores of different types and sizes.
It is an important indicator of consumer spending and significantly impacts the gross domestic product.Sales are expected to continue the negative trend from 0.3% to –0.5% MoM and from –3.4% to –4.2% YoY, while the core value will correct from 0.4% to –0.7% MoM and from –3.0% to –3.4% YoY.