UK Retail Sales YoY (Jan) Y/Y 4.5% vs. Exp. 2.8% (Prev. 1.9%, Rev. From 2.5%, Low. 2.4%, High. 3.6%)
The UK retail sales data for January has shown a substantial year-over-year increase of 4.5%, significantly surpassing expectations of 2.8%.
Next round of Russia-Ukraine talks is reportedly possible next week, via TASS
Newsquawk Daily European Equity Opening News - 20th February 2026
UK Retail Sales YoY (Jan) Y/Y 4.5% vs. Exp. 2.8% (Prev. 1.9%, Rev. From 2.5%, Low. 2.4%, High. 3.6%)
Hungarian government to release 250k tonnes of crude oil from its strategic reserves after Druzhba oil flow stopped
US ambassador to India says active negotiations are underway with India's Energy Ministry on the import of Venezuelan oil
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This beat indicates stronger consumer spending relative to recent trends and may influence the Bank of England's outlook on interest rates and economic growth moving forward.
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