For GNO at present its not about data, its about vaccine developments, the US election and Brexit trade talks
Nevertheless, for those keeping track.
BRC Sales like-for-like for October shows another solid gain, +5.2% y/y
- prior 6.1%
- and total sales for the month +4.9% y/y
Meanwhile Barclaycard's indicator of consumer spending is -0.1% y/y for October
Barclaycard:
- non-essential spending lower
- spending focused on essentials stocking up ahead of lockdown.
BRC:
- "Tightening restrictions across the United Kingdom and speculation towards the end of the month of an England-wide lockdown prompted customers to stock up on home comforts and food supplies"
