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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
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  • Consumer behaviour
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  • Consumer sentiments & more…

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Retail Economic News Archive

GDP Q2 2020 Preliminary Estimate

12 August 2020

GDP fell by 20.4% in Q2 2020 compared to the previous quarter, following the 2.2% fall in the first quarter – the largest quarterly contraction since records began in 1955.

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ONS Retail Sales June 2020

24 July 2020

Retail sales continued to rebound in June, as the reopening of non-essential shops mid-month released pent up demand. The latest figures from the ONS bring the overall volume of retail sa...

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ONS Labour Market July 2020

16 July 2020

The latest labour market data from the ONS shows that job vacancies are at a record low at a time when payroll work continues to fall, with signs of inactivity rising. The latest data covers the pe...

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Visa Consumer Spending Index June 2020

16 July 2020

Visa’s UK overall expenditure fell by 6.5% year-on-year in June – a marked improvement on the 19.9% decline in May and the strongest performance since February. This was predominantly d...

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GDP Monthly Estimate: May 2020

14 July 2020

UK gross domestic product (GDP) fell 19.1% in the three months to May 2020, capturing the direct impact of the coronavirus pandemic. The services sector fell by 18.9%, production by 15.5% and const...

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GfK Consumer Confidence - Flash report

03 July 2020

The fourth flash report by GfK on the impact of Covid-19 on consumer confidence (survey period 18th-26th June) showed tentative signs of an improvement, with the overall measure rising three points...

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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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