UK retail sales set to bounce after two consecutive monthly declines – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Delhi) – Research Team at Danske Bank, expect that UK retail sales for September are expected to rebound after disappointing in both July and August.

    Key Quotes

    “Overall we look for the lowest growth in retail sales in Q3 since Q4 13, which would be another sign that overall growth slowed in Q3. That said, we are still fundamentally positive about the outlook for private consumption due to increasing employment, positive real wage growth, rising house prices and low interest rates.”
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