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UK July retail sales +0.6% vs +0.2% m/m expected

  • Prior +0.9% (revised to +0.3%)
  • Retail sales +1.1% vs +1.3% y/y expected
  • Prior +1.7% (revised to +0.9%)
  • Retail sales ex autos, fuel +0.5% vs +0.4% m/m expected
  • Prior +0.6%
  • Retail sales ex autos, fuel +1.3% vs +1.2% y/y expected
  • Prior +1.8% (revised to +1.3%)

The agency notes: “The quantity of goods bought (volume) in retail sales is estimated to
have fallen by 0.6% in the three months to July 2025 when compared with
the three months to April 2025. This decline follows four months of
consecutive three-month on three-month growth.”

“Non-store retailers and clothing stores sales volumes grew strongly in
July 2025, which retailers attributed to new products, good weather, and
an increase resulting from the UEFA Women’s EURO 2025 tournament.”

Overall, this report won’t change anything for the BoE as their focus switched more towards inflation which is where they are missing by a lot.

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