Pantheon Macroeconomics - Today's retail sales figures for August likely will rebut the widespread view that spendthrift consumers will prevent a sharp economic slowdown. We look for a 1% month-to-month decline in retail sales volumes in August, well below the -0.4% consensus forecast.

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15 September 2016 August Retail Sales to Shatter Picture of Consumer Resilience

By Samuel Tombs

Today's retail sales figures for August likely will rebut the widespread view that spendthrift consumers will prevent a sharp economic slowdown. We look for a 1% month-to-month decline in retail sales volumes in August, well below the -0.4% consensus forecast.

Posted: 14th Sep 2016 in 'U.K. Documents'

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