Comment 

Consumers' warning

Chris Dillow

Chris Dillow
Consumers' warning

Economists are increasingly worried that UK growth is unbalanced, being fuelled by consumer spending while investment is weak and net exports are subtracting from growth: last week's figures showing that retail sales volumes rose by 1.3 per cent in April added to these concerns. From another perspective, however, what's worrying is just how weak consumer spending is.

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