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Retail Economic News

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

Our Retail Economic News gives you insights into…

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

GDP Q3 2020 Preliminary Estimate

12 November 2020

GDP rose by a record 15.5% in Q3 2020 compared to the previous quarter as lockdown measures were eased. Compared with the same quarter a year ago, the UK economy fell by 9.6%.

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ONS Retail Sales September 2020

23 October 2020

Retail sales (value, non-seasonally adjusted, excluding fuel) increased for a fourth consecutive month in September, up by 5.8% year-on-year according to the latest ONS data. Lifestyle ch...

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ONS Labour Market October 2020

13 October 2020

The latest ONS labour market data shows little change in the number of PAYE employees on the previous month, while the unemployment rate and level of redundancies increased. It should be...

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GDP Monthly Estimate: August 2020

09 October 2020

Monthly Gross Domestic Product (GDP) rose by 2.1% in August, following July’s rise of 6.4% and a 9.1% uplift in June. GDP is still 9.2% lower than the level seen before the full impact of the...

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GDP Q2 2020 Quarterly National Accounts

30 September 2020

GDP records its largest contraction on record GDP fell by 19.8%% in Q2 2020 from the previous quarter, revised up by 0.6 percentage points from the previous estimate – the l...

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ONS Retail Sales August 2020

18 September 2020

Retail remained in growth in August, with overall retail sales (value, non-seasonally adjusted, excluding fuel) increasing by 4.1% year-on-year according to the latest ONS data. This follows a 2.9%...

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Visa Consumer Spending Index August 2020

18 September 2020

Spending continued to recover in August as restrictions eased, with overall expenditure rising by by 4.7% year-on-year in the month according to Visa’s consumer sending index. This marked the...

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ONS Labour Market September 2020

15 September 2020

The latest ONS labour market data shows a drop in the number of PAYE employees as the furlough scheme begins to unwind, with an increase in unemployment disproportionately hitting young people...

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GDP Monthly Estimate: July 2020

11 September 2020

UK gross domestic product (GDP) fell by 7.6% in the three months to July 2020, with all main sectors of the economy recording a decline. Indeed, the services sector fell by 8.1%, production by 3.5%...

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RICS Residential Market Survey August 2020

10 September 2020

The latest RICS Residential Market Survey shows a continued post-lockdown rebound in the housing market, although the outlook for the year ahead remains muted as the market anticipates the impact o...

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