UK retail sales for May

  • Prior was +2.3% (revised to +2.5%)
  • Ex auto fuel -1.6% vs -1.0% exp
  • Prior ex auto fuel +2.0% (revised to +2.2%)

Year-over-year numbers

  • Sales +0.9% vs +1.6% exp
  • Prior +4.0% (revised to +4.2%)
  • Ex auto fuels +0.6% vs +1.9% exp
  • Prior +4.5% (revised to +4.6%)

The revisions take the sting off the miss on the headlines but it's still bad news and cable is at the lows of the day.