• UK Retail Sales jump 0.5% MoM in January vs. -0.3% expected

Market news

17 February 2023

UK Retail Sales jump 0.5% MoM in January vs. -0.3% expected

  • The UK Retail Sales came in at 0.5% MoM in January, an upside surprise.
  • Core Retail Sales for the UK rose by 0.4% MoM in January.
  • The Cable keeps losses near 1.1950 on the upbeat UK data.

The UK Retail Sales arrived at 0.5% over the month in January vs. -0.3% expected and -1.2% previous. The Core Retail Sales, stripping the auto motor fuel sales, rose by 0.4% MoM vs. 0% expected and -1.4% previous.

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