fbpx

Today’s Economic Data: GBP: Retail Sales m/m at 11:30 AM


Today we do not have any major economic data. Weekly closing is important for the next trading session.

GBP: Retail Sales m/m at 11:30 AM

Economic data

Measures: Change in the total value of inflation-adjusted sales at the retail level

Released monthly, about 20 days after the month ends
Next Release Date Sep 19, 2022

Source changed series calculation formula as of Feb 2010
It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity

Forecast- [-0.2%]
Previous- [-0.1%]
Actual- ?

Impact- The forecast figure seems to be slightly negative for base metals and the dollar while positive for bullions. The actual figure to release at 11:30 AM.

Source: Forex Factory

For day to day economic data updates, stay tuned with us..!!


Leave a Reply

Your email address will not be published. Required fields are marked *