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19th Oct 2023 18:17U.K., Weekly Monitor

  • September’s fall in retail sales likely will prove temporary, since it was largely due to warmer-than-usual weather...
  • ...The 0.9% jump in real incomes we expect in Q4 should support a recovery over the remainder of the year.
  • The rise in real incomes also should spur a recovery in consumers’ confidence; October’s fall likely is a blip.

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Keywords for: 23 October 2023 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence