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17 Jan 2025

UK Retail Sales unexpectedly drop 0.3% MoM in December vs. +0.4% expected

  • The UK Retail Sales fell 0.3% MoM in December, a negative surprise.
  • Monthly core Retail Sales for the UK declined 0.6% in December.
  • GBP/USD gives up 1.2200 after downbeat UK consumer data.

The United Kingdom (UK) Retail Sales decreased at a monthly pace of 0.3% in December after growing 0.1% in November, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.4% increase in the reported month.

The core Retail Sales, stripping the auto motor fuel sales, dropped by 0.6% MoM, against the previous growth of 0.1% and the estimated 0.1% figure.

Jan 17, 2025

United Kingdom Retail Sales ex-Fuel (YoY) below expectations (3.6%) in December: Actual (2.9%)

United Kingdom Retail Sales ex-Fuel (YoY) below expectations (3.6%) in December: Actual (2.9%)
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Jan 17, 2025

GBP/JPY falls to near 189.50 following disappointing UK Retail Sales data

GBP/JPY extends its losses for the third successive day, trading around 189.60 during the early European hours on Friday.
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