Pantheon Macroeconomics

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26th May 2023 14:19U.K., Weekly Monitor

  • Retail sales rose in April but failed to reverse fully March’s drop, as people continued to grapple with surging prices.
  • The fall in energy bills in July should boost sales, but we think they will be only 1% higher year-over-year in Q4...
  • ...Some households will rebuild their savings, while others will have less disposable income after remortgaging.

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Keywords for: 30 May 2023 UK Monitor

disposable income, energy, July, May, retail sales, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence