At 09:00 (GMT+2), October retail sales data will be published in the UK. The indicator monthly records the volume of all goods retailers sold based on samples of retail stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). The figure is expected to adjust from –0.9% to 0.3% MoM and from –1.0% to –1.5% YoY, while the core value will increase from –1.0% to 0.5% MoM and will accelerate the negative dynamics from −1.2% to −1.6% YoY, putting pressure on the pound.
