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December 2015 UK retail sales -1.0% vs -0.3% exp m/m

Details of the December 2015 UK retail sales data report 22 January 2016

  • Prior +1.7% . Revised to 1.3%
  • 2.6% vs 4.3% exp y/y. Prior 5.0%. Revised to 4.5%
  • Ex-fuel -0.9% vs -0.3% exp. Prior 1.7%. Revised to 1.3%
  • 2.6% vs 3.5% exp y/y. Prior 3.9%. Revised to 3.4%

Not a great report. We saw sales leap in November which suggested that was when a lot of the holiday shopping was done. Even so, that's been revised down also.

Mild weather affecting clothes sales and heavy discounting were the main reasons behind the poorer sales

UK retail sales y/y

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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