UK Retail Sales jump 1.2% MoM in April vs. 0.2% expected
The United Kingdom (UK) Retail Sales jumped 1.2% month-over-month (MoM) in April after advancing 0.1% in March (revised from 0.4%), the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.2% rise in the reported month.
The core Retail Sales, stripping the auto motor fuel sales, rose 1.3% MoM, compared to the previous revised growth of 0.2% and the estimated 0.3% reading.
The annual Retail Sales in the UK climbed 5.0% in April versus March’s 1.9%, while the core Retail Sales also grew 5.3% in the same month versus 2.6% previous revision. Both readings came in above the market expectations.
Market reaction to UK Retail Sales report
GBP/USD attracts some buyers in an immediate reaction to the upbeat UK data, trading 0.29% higher on the day at 1.3457 as of writing.
British Pound PRICE Today
The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.39% | -0.30% | -0.40% | -0.23% | -0.40% | -0.36% | -0.35% | |
| EUR | 0.39% | 0.09% | 0.00% | 0.17% | -0.01% | 0.05% | 0.05% | |
| GBP | 0.30% | -0.09% | -0.10% | 0.08% | -0.06% | -0.04% | -0.03% | |
| JPY | 0.40% | 0.00% | 0.10% | 0.19% | -0.00% | 0.05% | 0.06% | |
| CAD | 0.23% | -0.17% | -0.08% | -0.19% | -0.20% | -0.12% | -0.12% | |
| AUD | 0.40% | 0.00% | 0.06% | 0.00% | 0.20% | 0.06% | 0.08% | |
| NZD | 0.36% | -0.05% | 0.04% | -0.05% | 0.12% | -0.06% | 0.01% | |
| CHF | 0.35% | -0.05% | 0.03% | -0.06% | 0.12% | -0.08% | -0.01% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).
Author
Lallalit Srijandorn
FXStreet
Lallalit Srijandorn is a Parisian at heart. She has lived in France since 2019 and now becomes a digital entrepreneur based in Paris and Bangkok.
