June’s 0.4% m/m rise helped support the first quarterly expansion in retail sales volumes since the middle of last year. While growth was still subdued, the recent rise in consumer confidence and signs of renewed vigour in the housing market point to a further improvement in the third quarter.
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