Philip Rush
EUR 55.68 For Business Accounts Only

FLASH: UK consumer is bullish BoB in Jan-19

- UK retail sales more than recovered their Dec-18 fall with a Jan-19 resurgence back above an already brisk trend. I still see the BoE as overly gloomy on demand.
- Surveys have softened amid ongoing political uncertainty, but the average British consumer appears bored of Brexit, and the so-called “BoBs” keep spending. Official data exceeded the surveys after the referendum and are doing so again.

Heteronomics provides UK-centric macro research. A hallmark attention to detail delivers a depth of analysis beyond what the sell side now delivers. Clients can also experience events that privately provide insights on these topics. Have a bespoke request for research or an event? Let us know. Clients can expect assistance with their own requirements to the extent it doesn't impinge upon other clients. Think of it as retaining an expert economist, without the large overhead.

Philip Rush

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