Economic Indicators

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Retail sales hold up better than expected

posted by mintchocolate 2 hours 53 minutes ago in GBP, Retail Sales made popular 1 hour 46 minutes ago

Retail sales in the UK defied expectations last month, falling by far less than expected despite growing signs that high street stores are struggling to persuade shoppers to part with their cash.  read more

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U.K. retail sales declined 0.1% in October

posted by zero 2 hours 57 minutes ago in GBP, Retail Sales made popular 46 minutes ago

U.K. retail sales fell 0.1% in October compared to the previous month, according to data released by the Office of National Statistics Thursday.  read more

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Retail sales better than expected

posted by hanayoridango 2 hours 59 minutes ago in GBP, Retail Sales made popular 1 hour 22 minutes ago

Official sales figures from the UK high street continued to defy expectations.

Retail sales declined by 0.1% in October, during a time when consumer confidence was shaken by turmoil in financial markets, the Office for National Statistics (ONS  read more

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UK retail sales fall less than expected in Oct

posted by aranel 3 hours ago in GBP, GDP, Retail Sales made popular 1 hour 43 minutes ago

British retail sales fell less than expected in October and the public finances showed their first deficit for the month since 1994, official data showed on Thursday.  read more

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What economists say about UK Retail sales

posted by grink 3 hours ago in GBP, Special, Retail Sales made popular 1 hour 43 minutes ago

"Living up to its reputation as being a random number generator. Surveys are weak, consumer confidence is at rock bottom, unemployment is shooting up and yet retail sales manages to post just a 0.1% m/m contraction, much higher than the near -1%  read more

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U.K. October Retail Sales Decline for a Second Month

posted by princesa 3 hours ago in GBP, Inflation, Retail Sales made popular 1 hour 43 minutes ago

U.K. retail sales fell less than economists forecast in October as shoppers bought more food items, offsetting lower spending on electrical goods and clothing.  read more

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UK Retail Sales Weigh on Pound

posted by eriathwen 3 hours ago in GBP, Retail Sales made popular 1 hour 43 minutes ago

This morning’s UK Retail Sales figures showed a 0.1% drop in October – which was much better than analyst’s predictions of a 0.8% drop.  read more

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Rates Set to Go Under the Knife

posted by sassygirl 7 hours ago in GBP, Inflation made popular 1 hour 43 minutes ago

The Bank of England wants badly to bring interest rates down. But it also wants to avoid a further drubbing of the U.K. pound, which, after years of being king of the currency markets, has fallen sharply against the dollar and the euro in recent  read more