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UK Retail Economic Briefing Report | Economic Report

March 2024

What's included in this report?

  • Summary and economic overview
  • GDP
  • Labour market statistics
  • Inflationary trends
  • Producer prices pressures
  • Consumer spending
  • Retail sales trends
  • Prices, costs and margins
  • House prices and mortgage approvals
  • Credit market statistics
  • Consumer Confidence
  • Wage Growth and more…

UK Retail Economic Briefing Report : March 2024

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Report Summary

July 2023

3 minute read

 

Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or take out a free 30 day membership trial now.

 

Economic activity

Quarterly GDP is estimated to have increased by xx% in Q2 2023 (Apr to June), following xx% growth in Q1 2023.

On a monthly basis, GDP rose xx% in June, following a fall of xx% in May and growth of xx% in April.

Services output rose by xx% in Q2 2023, the same as in Q1 2023 (xx%). On a monthly basis, Services rose xx% in June.

 

Confidence

GfK’s Consumer Confidence Index increased five points in August to xx

The Major Purchase Index increased eight points to xx. This is 14 points higher than the same month a year ago.

Expectations for the general economic situation over the coming 12 months increased by three points to xx. This is 30 points higher than the same month a year ago.

 

Inflation

Headline inflation eased again in July, rising by xx% YoY from xx% last month – a xx-month low but slightly ahead of economists’ expectations.

However, core inflation, excluding food and energy prices, was stickier, remaining unchanged at xx% for the second consecutive month, above economists' expectations of it dipping to xx%.

 

Credit and Housing Market

The latest data shows that the housing market continues to…

 

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Quarterly GDP is estimated to have increased by 0.2% in Q2 2023 (Apr to June).

Source: ONS

Latest monthly UK Retail Economic Briefing Report

Report: May 2023 3 minute read   Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a me... read more
Report: April 2023 Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or... read more
Report: March 2023 Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or... read more
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Report Contents

UK Retail Economic Briefing Report Report
  • Executive Summary
  • GDP
  • Retail Sales
  • Consumer Spending
  • Inflation
  • Labour Market
  • Credit and Housing Market
  • Consumer Confidence
  • Business Confidence
  • Exchange Rates
  • Cost Base Index
  • Economic Forecasts

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Retail Economics publishes monthly UK Retail Economic Briefing reports which draw upon a range of data sources to give you cutting edge insights that you can action within your business.

 

Succinct, punchy and bold. This report focuses on the macroeconomic factors important in determining the strength of the retail sector. In-depth analysis is provided to keep you informed of the latest movements in the UK economy, vital in forming a view of the strength and trajectory of the UK retail sector.

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