The Retail sales of the United Kingdom recalled 1.2% intermensual in April After advancing 0.1% in March (reviewed from 0.4%), according to the latest data published on Friday by the National Statistics Office (ONS). The markets were waiting for a 0.2% increase in the informed month.
Retail sales excluding fuel increased by 1.3% intermensual, compared to the previous review of 0.2% and the estimated reading of 0.3%.
Annual retail sales in the United Kingdom rose 5.0% in April compared to 1.9% in March, while basic retail sales also grew 5.3% in the same month compared to the previous review of 2.6%. Both figures exceeded market expectations.
Market reaction to the United Kingdom Retail Sales Report
The GBP/USD attracts some buyers in an immediate reaction to the good data of the United Kingdom, negotiating 0.29% higher in the day at 1,3457 at the time of writing.
LIBRA ESTERLINA PRICE TODAY
The lower table shows the percentage of pounding sterling (GBP) compared to the main currencies today. The sterling pound was the strongest currency against the US dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.39% | -0.30% | -0.40% | -0.23% | -0.40% | -0.36% | -0.35% | |
| EUR | 0.39% | 0.09% | 0.00% | 0.17% | -0.01% | 0.05% | 0.05% | |
| GBP | 0.30% | -0.09% | -0.10% | 0.08% | -0.06% | -0.04% | -0.03% | |
| JPY | 0.40% | 0.00% | 0.10% | 0.19% | -0.00% | 0.05% | 0.06% | |
| CAD | 0.23% | -0.17% | -0.08% | -0.19% | -0.20% | -0.12% | -0.12% | |
| Aud | 0.40% | 0.00% | 0.06% | 0.00% | 0.20% | 0.06% | 0.08% | |
| NZD | 0.36% | -0.05% | 0.04% | -0.05% | 0.12% | -0.06% | 0.01% | |
| CHF | 0.35% | -0.05% | 0.03% | -0.06% | 0.12% | -0.08% | -0.01% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the sterling pound from the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the GBP (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
