At 09:00 (GMT+2), the UK will release November retail sales data – a measure that tracks the volume of all goods sold by retailers each month, based on a sample of stores of different types and sizes. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, a correction is expected from –1.1% to 0.3%, and on an annual basis, from 0.2% to 1.6%, which could act as a driver of the upward dynamics of the pound quotations.
