January’s consumer confidence figures support our expectation that household spending will continue to grow at a solid rate in 2016. But consumption growth will probably be a bit slower than in 2015 as austerity ramps up and the stimulus from earlier falls in energy prices and sterling appreciation begin to fade.
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