The rise in consumer spending in the final quarter of last year added to other evidence that the consumer recovery is gaining momentum. Falling inflation should continue to alleviate the squeeze on real incomes, but we would be wary of concluding that consumers are now out of the woods.
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