UK Retail Economic Briefing

Our UK Retail Economic Briefing analyses a range of macroeconomic indicators including GDP, consumer spending, inflation, labour market, commodity prices, exchange rates, monetary indicators, credit and lending market data, house prices, mortgage data, retail sales and more.

Report

UK Retail Economic Briefing - February 2017

Download this report with a free trial account.




The UK Retail Economic Briefing includes:

Tick
Summary and economic overview
Tick
GDP
Tick
Labour Market
Tick
Inflation
Tick
Producer Prices
Tick
Consumer Spending
Tick
Retail Sales
Tick
Prices, costs and margins
Tick
House Prices
Tick
Credit Market
Tick
Consumer Confidence
Tick
Wage Growth
Tick
... and much more

Summary

GDP for the final quarter of 2016 was revised up 0.1 percentage points to 0.7 per cent compared with the previous quarter. Overall, the economy grew by 1.8 per cent for 2016, a 0.2 per cent downward revision from the first estimate as pre EU-referendum activity was worse than previously thought.

The state of the UK’s public finances has improved considerably since the Autumn Statement. While many had expected the economy to slow sharply after the referendum, its resilience has given the Chancellor, Philip Hammond, some room for manoeuvre in this Spring’s Budget.

We don’t expect the Chancellor to pull any rabbits from hats given the economy has held up better than expected. That said, there could be some measures to support those households that are ‘just about managing’ from the impact of higher inflation.