U.K. Consumer Spending Could Slow in Second Half of 2026
Dow Jones
Jul 24
0800 GMT - U.K. retail spending could decelerate in the second half of the year as inflation is expected to hurt spending, Pantheon Macroeconomics' Rob Wood says in a note. U.K. retail sales data shows monthly sales increased by 1.0% in June, stronger than the consensus forecast of a 0.1% contraction by economists in a WSJ poll. U.K. inflation is projected to rise in the second half, eroding households' real income growth and affecting consumer spending, Wood says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 24, 2026 04:00 ET (08:00 GMT)
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