February’s IPF Consensus Forecasts were revised higher, given the increased certainty surrounding Brexit. As such, the consensus expects stronger returns for this year, but this was offset by slightly slower growth in returns later in the forecast period. By contrast, we are more upbeat on returns than the consensus in 2022-24 as we expect a recovery in the retail sector after 2021.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services