Pantheon Macroeconomics - On the face of it, June's retail sales figures suggest that households have splurged in Q2, re-energising GDP growth after its slowdown in Q1. Sales volumes rose by 0.6% month-to-month in June, completing a 1.5% quarter-on-quarter jump in Q2.

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21 July 2017 Q2 Consumption will be Weak, Despite the Pickup in Retail Sales

By Samuel Tombs

On the face of it, June's retail sales figures suggest that households have splurged in Q2, re-energising GDP growth after its slowdown in Q1. Sales volumes rose by 0.6% month-to-month in June, completing a 1.5% quarter-on-quarter jump in Q2.

Posted: 20th Jul 2017 in 'U.K. Documents'

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Keywords for: U.K. Documents | 21 July 2017 Q2 Consumption will be Weak, Despite the Pickup in Retail Sales

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