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New data New Car Sales YoY (Jan)

2/5/2025

actual -2.5, previous -0.2

The event is "New Car Sales YoY (Year-over-Year) for January" in the UK. The actual value reported is -2.5%, which indicates a decrease of 2.5% in new car sales compared to the same period last year. This figure is lower than the previous value of -0.2%. The estimated value was 4%, so the actual result fell short of expectations.

The impact of this event is considered "None," which suggests that the market may not react significantly to this data point. However, a negative year-over-year change in new car sales could be indicative of weakening consumer demand or economic conditions in the UK automotive sector.

This is not investment advice. Remember to verify the information provided here.

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