Pantheon Macroeconomics

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  • Retail sales growth month-to-month was flattered by jewellery sales and seasonals in December.
  • But revisions mean sales increased by a solid 2.7% month-to-month annualised over 2024-to-25.
  • Rising major purchase intentions and younger people’s confidence bode well for the outlook.

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Keywords for: 27 January 2026 UK Monitor

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