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Retail Economic News

Keep abreast of key news & insights on UK retailing with Retail Economics

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Retail Economic News - Retail Economics
  • Industry structural changes
  • Online retail developments
  • ONS Consumer Price Index
  • Consumer behaviour
  • Outlook for UK retail
  • Consumer sentiments & more…

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Retail Economic News Archive

ONS Retail Sales May 2020

19 June 2020

The pressure of the coronavirus crisis on the retail sector somewhat eased in May according to the latest data from the ONS. Retail sales (value, non-seasonally adjusted, excluding fuel) declined b...

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Visa Consumer Spending Index May 2020

19 June 2020

Visa's UK Consumer Spending Index also eased on record declines, with spending volumes down by 19.9% in May compared to 27.8% in April. Face-to-face spending plummeted 33.3% in May as...

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ONS Labour Market Overview June 2020

16 June 2020

The latest data from the ONS gives an indication of the impact of the coronavirus crisis on the labour market. Although the UK unemployment rate was broadly unchanged in the three months to April,...

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GDP Monthly Estimate: April 2020

12 June 2020

UK gross domestic product (GDP) fell 10.4% in the three months to April 2020, capturing the direct impact of the coronavirus pandemic. The services sector fell by 9.9%, production by 9.5% and const...

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Halifax House Price Index May 2020

05 June 2020

House prices continued to lose momentum following a strong start to the year, according to the latest data from Halifax. House price growth eased marginally to 2.6% year-on-year, but decl...

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GfK Consumer Confidence - Flash report

05 June 2020

The third flash report by GfK on the impact of Covid-19 on consumer confidence (survey period 20th-26th May) saw a two-point fall to -36 compared with the previous two weeks. Within the index, four...

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ONS Labour Market Overview May 2020

19 May 2020

The UK employment rate remained at a joint record high in the three months to March according to the latest ONS data. But early estimates for April suggest an unsurprisingly softer outlook for the...

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GDP Q1 2020 Preliminary Estimate

13 May 2020

The UK economy reports it largest quarterly contraction in more than a decade. GDP fell by 2.0% in Q1 2020 compared to the previous quarter - the largest quarterly contraction in more tha...

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Halifax House Price Index April 2020

11 May 2020

Lockdown measures have brought the housing market to a near standstill, which saw monthly house prices remain broadly flat at -0.6% month-on-month in April according to Halifax. In annual...

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GfK Consumer Confidence - Flash report

11 May 2020

Survey period: 20th - 26th April A second flash survey by GfK on the impact of Covid-19 on consumer confidence saw its headline confidence measure rise one point to -33 compared with the...

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ONS Retail Sales March 2020

24 April 2020

The impact of Covid-19 has obliterated retail sales to record lows according to the latest ONS data. As non-essential retail stores closed their doors on 23 March, retail sales (value, non-seasonal...

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ONS Labour Market Overview April 2020

21 April 2020

The UK employment rate hit a record high in the three months to February according to the latest ONS data. However, there were signs of the labour market cooling ahead of coronavirus lockdown measu...

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GDP Monthly Estimate: February 2020

09 April 2020

UK gross domestic product (GDP) rose 0.1% in the three months to February 2020, following flat growth in the previous two periods.  Monthly GDP fell 0.1% in February, following a 0.1...

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