
British Retail Sales data for February are due at 09:00 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). It is expected that in monthly terms the value will be adjusted from 1.7% to –0.3%, and in annual terms — from 1.0% to 0.6%, exerting pressure on the quotations of the pound.

