UK Retail Sales YoY (Dec) Y/Y 2.5% vs. Exp. 1% (Prev. 1.8%, Rev. From 0.6%, Low. 0.4%, High. 1.7%)

The UK retail sales YoY growth of 2.5% significantly outperformed expectations of 1%, indicating stronger consumer spending than anticipated.

Newsquawk StaffPublished On the live feed at 2 more headlines followed before this page went public
Newsquawk headlinesUTC

Additional European Equity News

BoJ Governor Ueda (post-policy presser) says April price behaviour is a factor to mull a rate hike. The impact of any sales tax abolition would be hard to gauge.

UK Retail Sales YoY (Dec) Y/Y 2.5% vs. Exp. 1% (Prev. 1.8%, Rev. From 0.6%, Low. 0.4%, High. 1.7%)

BoJ Governor Ueda (post-policy presser) says, must pay attention to even small FX moves as underlying inflation approaches 2%

BoJ Governor Ueda (post-policy presser) says will conduct nimble market operations to respond to irregular moves; will work closely with the government on long-term rates. Operations could be conducted to encourage stable yield formation.

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This positive surprise suggests a potential boost to the UK economy's growth outlook, which may influence monetary policy considerations moving forward, particularly regarding interest rate outlooks. The revision in prior data also points to an improving trend in retail activity.

Related headlines

The whole workspace, free to try.

Try it free