June 2015 UK retail sales data report 23 July 2015
– Prior 0.2%. Revised to 0.3%
– 4.0% vs 4.9% exp y/y. Prior 4.6%. Revised to 4.7%
– Ex-fuel -0.2% vs 0.3% exp m/m. Prior 0.2%. Revised to 0.4%
Worse than expected but somewhat shadowed by better revisions. The Q2 numbers are also out and they show the weakest spending growth since Q1 2013 y/y and the lowest since Q3 2014 q/q