Economy
The latest news, updates and analysis on the economy and how it is affecting the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Apr- 2024 -26 April
Consumer confidence hits three-month high in April
Consumer confidence has risen from -21 to -19 in April, marking the first improvement in three months, GfK has reported.…
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19 April
Retail sales remain flat in March
Retail sales volumes remained flat in March 2024 following an increase of 0.1% the previous month, according to official data…
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17 April
Inflation falls to lowest level since 2021
Inflation slowed to 3.2% in March, down from 3.4% the prior month, as inflation fell to its lowest annual rate…
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12 April
UK economy grows for second month in a row
UK GDP increased slightly for the second month in a row, in another sign the economy is edging out of…
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9 April
Easter helps retail sales jump 3.5% in March
UK Total retail sales increased by 3.5% year on year in March, as the early Easter helped boost performance for…
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2 April
Shop price inflation falls to lowest level in two years
Shop Price annual inflation eased to 1.3% in March, down from 2.5% in February, marking its lowest level since December…
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Mar- 2024 -25 March
Scottish retailers’ rates bills to rise by £31m, the SRC says
Shops in Scotland will see their annual business rates bills rise by £31m from next week, the Scottish Retail Consortium…
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22 March
UK Consumer confidence stagnates in March
UK Consumer confidence has remained flat at -21 in March following a two point drop last month, according to data…
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22 March
Retail sales flatline in rainiest February on record
UK retail sales experienced no growth (0.0%) in February, down from 3.6% in the month prior, as wet weather discouraged…
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20 March
Inflation falls to 3.4%
UK inflation fell to 3.4% in February, down from 4% in January, beating economists expectations of 3.5% as food inflation…
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