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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
  • ONS Consumer Price Index
  • Consumer behaviour
  • Outlook for UK retail
  • Consumer sentiments & more…

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Retail Economic News Archive

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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Halifax House Price Index August 2020

07 September 2020

The housing market has continued to pick up since estate agents reopened in mid-May – good news for home-related retailers, but there’s a rocky road ahead as the economic recovery is se...

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ONS Retail Sales July 2020

21 August 2020

Retail sales continued to climb in July – the first full month that non-essential shops could reopen since lockdown began. The latest figures from the ONS bring the overall volume of retail s...

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GfK Consumer Confidence Index August 2020

21 August 2020

GfK’s Consumer Confidence measure remained at -27 in August, unchanged from the previous reading but almost double the decline recorded a year ago. Within the index, three measures decreased...

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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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