UK Retail Sales unexpectedly drop 0.3% MoM in December vs. +0.4% expected


  • The UK Retail Sales fell 0.3% MoM in December, a negative surprise.
  • Monthly core Retail Sales for the UK declined 0.6% in December.
  • GBP/USD gives up 1.2200 after downbeat UK consumer data.

The United Kingdom (UK) Retail Sales decreased at a monthly pace of 0.3% in December after growing 0.1% in November, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.4% increase in the reported month.

The core Retail Sales, stripping the auto motor fuel sales, dropped by 0.6% MoM, against the previous growth of 0.1% and the estimated 0.1% figure.

The annual Retail Sales in the UK climbed 3.6% in December versus November’s 0%, while the core Retail Sales advanced 2.9% in the same month versus -0.5% previous. Both readings fell short of market expectations.

Market reaction to UK Retail Sales report

GBP/USD is meeting fresh supply following the disappointing UK data, falling 0.41% on the day to near 1.2190 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 weakest against the US Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.13% 0.35% 0.23% 0.07% 0.11% 0.29% 0.10%
EUR -0.13%   0.22% 0.14% -0.06% -0.02% 0.17% -0.03%
GBP -0.35% -0.22%   -0.09% -0.27% -0.23% -0.05% -0.24%
JPY -0.23% -0.14% 0.09%   -0.14% -0.12% 0.07% -0.12%
CAD -0.07% 0.06% 0.27% 0.14%   0.03% 0.22% 0.03%
AUD -0.11% 0.02% 0.23% 0.12% -0.03%   0.18% -0.03%
NZD -0.29% -0.17% 0.05% -0.07% -0.22% -0.18%   -0.19%
CHF -0.10% 0.03% 0.24% 0.12% -0.03% 0.03% 0.19%  

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).

 

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

EUR/USD trims losses and approaches 1.0450

EUR/USD trims losses and approaches 1.0450

The US Dollar now loses impulse in response to Trump's comments over a potential US-China deal, allowing EUR/USD to bounce off daily lows and retargets the 1.0450 region ahead of the release of the FOMC Minutes.

EUR/USD News
Gold clings to daily gains, trades near $2,950

Gold clings to daily gains, trades near $2,950

Prices of Gold maintain its bullish momentum so far this week, trading close to their recent all-time peaks near the $2,950 mark per ounce troy amid tepid gains in the Greenback and mixed US yields.

Gold News
GBP/USD hovers around the 1.2600 zone, Dollar advances modestly

GBP/USD hovers around the 1.2600 zone, Dollar advances modestly

GBP/USD alternates between gains and losses near the 1.2600 level as traders continue to digest firm UK inflation readings, while the US Dollar clocks modest gains.

GBP/USD News
Fed Minutes to offer clues on slower rate cuts outlook in 2025

Fed Minutes to offer clues on slower rate cuts outlook in 2025

The Minutes of the Fed’s January 28-29 policy meeting will be published on Wednesday. Details surrounding the discussions on the decision to keep policy settings unchanged will be scrutinized by investors.

Read more
Money market outlook 2025: Trends and dynamics in the Eurozone, US, and UK

Money market outlook 2025: Trends and dynamics in the Eurozone, US, and UK

We delve into the world of money market funds. Distinct dynamics are at play in the US, eurozone, and UK. In the US, repo rates are more attractive, and bills are expected to appreciate. It's also worth noting that the Fed might cut rates more than anticipated, similar to the UK. In the eurozone, unsecured rates remain elevated.

Read more
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

Forex MAJORS

Cryptocurrencies

Signatures

Best Brokers of 2025