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22nd Nov 2021 00:00U.K., Economic Monitor

  • October's rise in retail sales volumes was driven solely by people buying Christmas presents earlier than usual.
  • Consumers' confidence recovered in November, but still is below-average, and will drift down over the winter.
  • A large minority of people remain fearful of Covid; rising cases likely will instil greater caution over the winter.

bank clothing clothing sales confidence consumer consumers covid-19 cpi disposable income economy energy food fuel government growth healthcare house prices income index interest rates jobs mortgage mortgage payments motor fuel mpc population prices rates remain retail retail sales sales spending supply winter yougov

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