At 09:00 (GMT+2), December 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 rate is expected to adjust from 1.3% to –0.5% MoM and from 0.1% to 1.1% YoY, while the core figure is likely to fall from 1.3% to −0.6% MoM and increase from 0.3% to 1.3% YoY, putting pressure on the pound.
