The most striking thing about the slowdown in UK household spending in recent quarters is that it has occurred without what we, at least, had felt was the key threat to the spending outlook – namely, a significant rise in household savings. Rather, it has primarily reflected a squeeze on households’ disposable income.
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