At 09:00 (GMT+2), November retail sales data will be published in the UK. The indicator monthly records the volume of all goods sold by retailers. It is calculated 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 correct from –0.3% to 0.4% MoM and from –2.7% to –1.8% YoY, while the core value is likely to reflect zero growth MoM from −0.1% earlier, and the decline will slow down from −2.4% to −1.5% YoY, supporting the pound.
