Pantheon Macroeconomics

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27th Jun 2022 00:00U.K., Daily Monitor, Weekly Monitor

Retail sales volumes continued to decline in May in response to rapidly rising prices. 

Consumer confidence deteriorated further in June, but retail sales should start to recover slowly soon... 

Real disposable incomes will rise in Q3, thanks to Mr. Sunak’s grants; dis-saving and borrowing will help too. 

cpi credit gdp growth households spending June May q2 q3 q4 recession retail sales savings

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Keywords for: The Nadir in Retail Sales is Near, but Growth will be Lacklustre in H2

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