UK retail sales to fall back -1.7% m/m in June – Barclays

The Barclays Research Team offers their insights on the upcoming UK retail sales report for the month of June, due on the cards today at 0830 GMT.

Key Quotes:

“Expect retail sales to fall back -1.7%m/m in June, giving back some of the strength seen in the previous two months.

That would bring the annual pace down to 1.6%y/y, back in line with its 12-month average.”