Pantheon Macroeconomics - The consensus for a mere 0.3% month-to-month fall in the official measure of retail sales volumes--the data are released on Friday--looks too sanguine. We
look for a fall of about 0.7%, followed by a lockdown induced plunge in sales of about 10% in November.

U.K. | 18 Nov 2020 Retail Sales Likely Edged Down in October, But a New Peak Lies Ahead
The consensus for a mere 0.3% month-to-month fall in the official measure of retail sales volumes--the data are released on Friday--looks too sanguine. We look for a fall of about 0.7%, followed by a lockdown induced plunge in sales of about 10% in November.

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18 Nov 2020 Retail Sales Likely Edged Down in October, But a New Peak Lies Ahead

By Samuel Tombs

The consensus for a mere 0.3% month-to-month fall in the official measure of retail sales volumes--the data are released on Friday--looks too sanguine. We look for a fall of about 0.7%, followed by a lockdown induced plunge in sales of about 10% in November.

Posted: 17th Nov 2020 in 'U.K.'

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