U.K. | 21 September 2017 August's Jump in Retail Sales Just Looks Like a Flash in the Pan
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.
Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: info@pantheonmacro.com.
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.'
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release. To activate a complimentary trial on any of these areas, please click here.
You are here: Home » Publications » U.K. » 21 September 2017 August's Jump in Retail Sales Just Looks Like a Flash in the Pan
retail sales, retail, sales, services, consumption, mpc, qe, rate, rates, rate rise, interest rates, monetary policy, monetary, policy, retailers, cars, car, auto, automobile, bank of england, boe, fed, ecb, consumer services, consumers, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent advice, independent analysis, independent macroeconomic researcj, independent, analysis, research, economic intelligence, economy, economic, economics, economists, Dr. Ian Shepherdson, Ian Shepherdson, financial market, financial, market, finance, macro, macro research, independent macro research