UK Retail Sales drop by 0.9% MoM in March vs. -0.5% expected RetailSales UnitedKingdom EconomicIndicator GBPUSD
Core Retail Sales for the UK drops by 1.0% MoM in March. arrived at -0.9% over the month in March vs. -0.5% expected and 1.1% previous. The Core Retail Sales, stripping the auto motor fuel sales, dropped by 1.0% MoM vs. -0.7% expected and 1.4% previous.
“Automotive fuel sales volumes rose by 0.2% in March 2023, following a fall of 1.2% in February 2023; sales remain 8.5% below their pre-coronavirus February 2020 levels.” is keeping its downbeat momentum intact at around 1.2430 after disappointing UK Retail Sales data. The spot was last seen trading down 0.13% on the day.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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