UK Retail Sales MoM (Jan) M/M 1.8% vs. Exp. 0.2% (Prev. 0.4%, Low. -0.6%, High. 1.0%)
Newsquawk Staff ·
- "Growth in January 2026 was partly because of artwork and antiques sales, alongside continued strong sales from online jewellers."
What it means
UK retail sales for January significantly surpassed expectations, coming in at 1.8% month-over-month compared to the anticipated 0.2%. This strong growth, driven by sales in artwork, antiques, and online jewellery, may suggest a positive consumer sentiment that could influence monetary policy discussions moving forward, particularly in the context of growth and inflation dynamics.
Sources
- PREVIEW: BoC Rate Decision and Governor Statement due Wednesday 28th October, 2026 at 13:45GMT/09:45EDT
- PREVIEW: Federal Reserve Rate Decision due Wednesday, October 28th at 18:00GMT/14:00EDT
- Atlanta Fed GDPnow Model (Q3): 3.5% (prev. 3.4%)
- PREVIEW: ECB Policy Announcement due Thursday, 29th October 2026 at 13:15GMT/08:15EDT
- Hilton (HLT) CEO says US middle-class real wages are growing despite higher inflation, contributing to broad-based strength in what management describes as a "C-shaped economy"
Related headlines
- Brazilian PPI (Sep MM) 1.54% (Prev. 0.36%)5 hours ago
- European M3 Money Supply (Sep YY) 3.5% vs. Exp. 3.4% (Prev. 3.5%)8 hours ago
- Spanish Unemployment Rate (Q3) 10.18% vs. Exp. 9.9% (Prev. 9.87%)9 hours ago
- [PREVIEW] RBNZ Rate Decision Scheduled for Wednesday 28th October 2026 at 01:00GMT/21:00EDT10 hours ago
- Turkish Unemployment Rate (Sep) 8.4% (Prev. 7.8%)10 hours ago
- Finnish Business Confidence (Oct) 2 (Prev. 3)11 hours ago
- [MARKET ANALYSIS] Tech stocks climb in Asia following Anthropic's IPO filing14 hours ago
- [MARKET ANALYSIS] Demand is contained central bank meetings and supply loom15 hours ago
- South Korean GDP Growth Rate Adv (Q3 YY) 3.4% vs. Exp. 3% (Prev. 3.7%)18 hours ago
- South Korean GDP Growth Rate Adv (Q3 QQ) 1% vs. Exp. 0.7% (Prev. 0.6%)18 hours ago
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Daiichi Life Group (8750 JT) unit's takeover proposal for Challenger (CGF AT) was rejected18 hours ago
- PRE-MARKET AUSTRALIAN STOCKS NEWS: AGL Energy (AGL AT) is reportedly nearing a renewable energy funding deal, with infrastructure giant Morrison believed to be the frontrunner to back its wind and solar pipeline19 hours ago
- Newsquawk Daily Asia-Pac Opening News - 27th October 202620 hours ago
- US Market Wrap: Stocks gain as AI bounces ahead of key macro risk events21 hours ago
- US TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 1+ TICKS LOWER AT 106-03+22 hours ago