ACE Analysis Fri 19 June 26 CORD MKS REC
UK retail sales posted a decisive beat across headline and core metrics at 07:00 . MoM headline rose 1.2% (vs +0.5% forecast) YoY accelerated to +3.2% (vs +1.9%). Core measures were stronger still, with YoY at +4.6% (vs +3.3% forecast), reversing prior contraction. GfK Consumer Confidence printed -23, a marginal beat versus -24 expected, but absolute sentiment stays deeply negative … Read More

