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At 08:00 (GMT+2), data on retail sales volume for July will be released in the United Kingdom, reflecting the volume of goods sold by retail businesses based on a sample from stores of various types and sizes. It is an important indicator of consumer spending, significantly influencing gross domestic product (GDP). The indicator may slow down from 0.9% to 0.4% MoM and from 1.7% to 1.3% YoY, putting pressure on the pound.
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