Pantheon Macroeconomics - Recent retail surveys have indicated that consumers are not suffering yet from Brexit blues.  The BRC reported that year-over-year growth in total sales values picked up to 1.9% in July, from 0.2% in June.  After adjusting for falling prices, this measure suggests that year-over-year growth in official retail sales volumes held steady at about 4% last month.

U.K. | 11 August. 2016 Household Spending Will Not Defy Gravity For Long Surveys
Recent retail surveys have indicated that consumers are not suffering yet from Brexit blues. The BRC reported that year-over-year growth in total sales values picked up to 1.9% in July, from 0.2% in June. After adjusting for falling prices, this measure suggests that year-over-year growth in official retail sales volumes held steady at about 4% last month.

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11 August. 2016 Household Spending Will Not Defy Gravity For Long Surveys

By Samuel Tombs

Recent retail surveys have indicated that consumers are not suffering yet from Brexit blues. The BRC reported that year-over-year growth in total sales values picked up to 1.9% in July, from 0.2% in June. After adjusting for falling prices, this measure suggests that year-over-year growth in official retail sales volumes held steady at about 4% last month.

Posted: 11th Aug 2016 in 'U.K.'

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