UK retail sales including auto and fuel rose 0.2% mom 3.3% in July, above expectation of -0.2% mom, 2.5% yoy. Retail sales ex-auto and fuel rose 0.2% mom 2.9% yoy, above expectation of -0.2% mom, 2.3% yoy.
Looking at the details, non-store retailing was the largest positive contributor on the month, with the amount spent and quantity bought contributing 0.6 and 0.7 percentage points respectively. In contrast, non-food stores were the largest negative contributor in July 2019, with the amount spent and quantity bought both at negative 0.6 percentage points.
