What is it? It checks the change in the total value of inflation-adjusted sales at the retail level.
It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
Usual Effect: If the number is higher than the forecast, you can expect the GBP to rise.
When? October 23rd at 4:30am Eastern Time.
Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.
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