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November 2015 UK retail sales 1.7% vs 0.5% exp m/m

Details of the November 2015 UK retail sales data report 17 December 2015

  • Prior -0.6%. Revised to -0.5%
  • 5.0% vs 3.0% exp y/y. Prior 3.8%. Revised to 4.2%
  • Sales ex-fuel 1.7% vs 0.6% exp m/m. Prior -0.9%. Revised to -0.8%
  • 3.9% vs 2.3% exp y/y. Prior 3.0%. Revised to 3.2%
  • 3m/3m sales 2.1% v s1.2% prior
  • 3m y/y 5.3% vs 4.9% prior

Good numbers from UK shoppers

Black Friday featured strongly in sales note the ONS

Last month all bar other stores and fuel posted losses and they've turned around very well this month. Textiles and clothing were down 1.8% in Oct and rose 2.8% this month

These are the sorts of numbers you would expect to see around this time of year and want to see carried on into December

The pound was already on its way higher before the numbers and soon turned tail from 1.5000 down to 1.4955 after. I'll leave you to speculate why that happened ;-)

UK retail sales ex-fuel y/y

UK retail sales details

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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