Retail Economics provide regular insights on UK retailing. Browse our extensive archive for insights on topics such as: Brexit, online retail developments, ONS Consumer Price Index, the outlook for UK retail, consumer sentiments and much more…
30 June 2020
Joint-largest contraction in GDP since Q3 1979 GDP fell by 2.2% in Q1 2020 from the previous quarter, revised downwards by 0.2 percentage points from the previous estimate –...
29 June 2020
Growth in secured lending remained weak in May, falling to 3.1% year-on-year from 3.3% in April. The monthly change in the additional amount households borrowed rose to £1.2bn, improving on A...
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...
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...
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,...
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...
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...
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...
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...
14 May 2020
RICS’s latest survey among estate agents shows housing market conditions are likely to remain subdued in the coming months. Slow recovery predicted The m...
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...
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...
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...
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...
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...