Today’s data releases suggest that GDP growth was a touch stronger than we had expected in the fourth quarter of last year. That said, the smaller than anticipated rise in retail sales in January indicates that the probable rebound in real consumption growth last quarter won’t be sustained in the first quarter.
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