GBP Retail Sales ex-Fuel (Y/Y)


GBP Retail Sales released by the National Statistics measures the change in the total value of inflation-adjusted sales at the retail level excluding fuel, over a stated time period. Core retail sales data is used extensively by various government bureaus to calculate GDP. The most volatile components like autos, gas prices and food prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes.

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