UK Retail Sales m/m
Track UK Retail Sales m/m to gauge consumer spending, a key driver of economic activity. Updated formula since Feb 2010.
Overview
This is the main indicator of consumer spending, which makes up a significant portion of overall economic activity. Note that the calculation formula for this series was updated in February 2010.
Key Information
What it Measures
This reflects the change in the total value of inflation-adjusted retail sales.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it tends to be positive for the currency.
Source & Frequency
Office for National Statistics (latest release) - https://www.gov.uk/government/statistics • Data is released monthly, approximately 20 days after the close of the previous month.
How Data is Derived
N/A
Also Known As
Sales Volume, All Retailers sales
Acronym
N/A