Public Finances & Retail Sales (Jun.)

Government borrowing in June was well down on a year ago and retail sales showed a strong increase in Q2. But borrowing still wasn’t on track to meet the OBR’s forecast and June’s sales set a poor base for Q3. Also, the vote to leave the EU should result in borrowing going further off track and a slowdown in sales growth.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.