At 08:00 (GMT+2), UK retail sales data for April will be released. The indicator monthly consolidates the volume of all goods sold by retailers. It is calculated based on a sample of UK retail stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on GDP. Sales are expected to decline by 0.2% MoM and 7.2% YoY. Implementation of the forecast may put pressure on the pound.
