UK: retail sales resilient with real wages in 3Q19
- UK retail sales grew by 0.6% q-o-q again in 3Q19, which maintains the bullish trend since 2016. Real wage growth is fully supporting the rise. Consumers are confident in their personal situation, despite broader concerns that surveys exaggerate.- Real wages and consumption will be sensitive to the Brexit outcome. If parliament passes the deal, both will be supported, and hawkish pressures can build 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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.