StockNow
Log in
Global EconomyIMPORTANT

UK Retail Sales (Jul MM) -0.5% vs. Exp. -0.5% (Prev. 0.7%)

StockNow breaking-news AI analysis

UK July retail sales dropped 0.5% month-on-month as expected, though three-month sales rose across most sectors, supported by warm weather and promotional demand.

News detail

ONS: Retail sales increased in the latest three months, with all main sectors, apart from motor fuel, seeing growth. Some retailers told us that hot weather and promotions helped sales of outdoor products and items such as fans, with clothing and online sports merchandise also doing well.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

Security officials reportedly see a lower near-term risk of an expanded war with Iran, with Trump’s new economic sanctions intended to buy time until after the US midterms, Jerusalem Post reports