Pantheon Macroeconomics - Retail sales increased by 1.0% month-to-month in August, exceeding our no-change forecast and spurring markets to price-in a 65% chance that the MPC will raise interest rates at its next meeting on November 2, up from 60% beforehand.

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21 September 2017 August's Jump in Retail Sales Just Looks Like a Flash in the Pan

By Samuel Tombs

Retail sales increased by 1.0% month-to-month in August, exceeding our no-change forecast and spurring markets to price-in a 65% chance that the MPC will raise interest rates at its next meeting on November 2, up from 60% beforehand.

Posted: 20th Sep 2017 in 'U.K. Documents'

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