Economic Indicators 

Consumers as forecasters

Chris Dillow

Chris Dillow
Consumers as forecasters

One feature of the past 12 months, and a big reason why GDP growth was stronger last year than economists expected, was the strength of consumer spending. Next week’s numbers might confirm this. Official figures on Friday are expected to show that retail sales bounced back in January after a weather-induced fall in December, and that sales volumes are up by around3 per cent on a year ago.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now