Details of the September 2016 UK retail sales data report 20 October 2016
– 4.1% vs 4.8% exp y/y. Prior 6.2%. Revised to 6.6%
– Ex-fuel 0.0% vs 0.4% exp m/m. Prior -0.3%. Revised to -0.1%
Worse than expected all round but no minus figures. As I mention last month, we’ve come off the back of two strong reports following the vote and sales are still holding up, albeit not as strong.