Title Description
Source Office for National Statistics (latest release)
Measures Change in the total value of inflation-adjusted sales at the retail level;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 20 days after the month ends;
Next Release Aug 16, 2012
SLBFX Notes Source changed series calculation formula as of Feb 2010;
Why Traders Care It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
Also Called Sales Volume, All Retailers sales;