The 0.9% m/m surge in underlying retail sales in November, which followed an upwardly-revised 0.7% gain in October, suggests that real consumption growth has remained stronger in the fourth quarter than we previously believed.
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