bullish
UK: Consumers Drown Their Sorrows
479 Views20 May 2022 19:08
The bleak retail performance of the previous two months surprisingly reversed as sales surged by 1.4%. Demand for booze dominated falling non-food store sales. Q2 GDP seems only slightly less weak.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 6-minute read)
Discussions
(Paid Plans Only)
- BoE: Carried to Hawkish Rodeo17 Jun 2022
- UK: Strain Shows as Labour Cycle Turns14 Jun 2022
- UK: GDP Falls to Ill Health in Apr-2213 Jun 2022
- Persistent Risk Premium Threat11 May 2022
- EA: Activity Towards Gradual Exit05 May 2022
- UK: Crushed Retail Will Hurt GDP22 Apr 2022
x