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23rd Oct 2015 02:10U.K., Economic Monitor

On the face of it, the surge in retail sales volumes in September suggests that the U.K. consumer is in fine fettle and can prevent the economic recovery from losing momentum as exporters struggle and government spending retrenches. But the underlying picture is less encouraging and consumers won't be able to sustain the recent robust growth in real spending when inflation revives next year.

consumption spending growth retail sales retail tax wage wages

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Keywords for: 23 Oct. 2015 U.K. Consumer Recovery is Not as Robust as Retail Sales Suggest

consumption, spending, growth, retail sales, retail, tax, wage, wages,