Retail sales were basically unchanged in February, but this understates the strength of total spending following the lifting of the Omicron wave restrictions on high-contact services. As consumer confidence has held up better than elsewhere in recent months, the outlook for consumption growth remains positive.
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 gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services