United Kingdom New Car Registrations m/m

United Kingdom, GBP
Importance
Low
Sector:
Business
Source:
Society of Motor Manufacturers and Traders (SMMT)
-42.7%
-17.7%
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-42.7%
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New Car Registrations m/m reflect a change in the number of newly registered motor vehicles in the United Kingdom, in the current month compared to the previous month. The indicator is calculated based on data provided by the UK Society of Motor Manufacturers & Traders (SMTT).

The indicator growth can be an indication of consumption growth and of a favorable economic situation in the country. However, the influence of the indicator on the pound quotes is usually limited.

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