UK Economic & Retail Update – Q3 2018
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"UK Economic & Retail Update – Q3 2018", report offers comprehensive insight and analysis of the UK economy and retail environment (including forecasts up to 2023). It provides in-depth analysis of the following: the key issues regarding the UK economy (including CPI, unemployment rate and etc.), and the key issues regarding the UK retail market (including online, offline and non-food markets).
Inflation levels have slowed since Q1 2018, with this trend continuing towards the end of H2. While this will bring the inflation rate closer to the 2% target set by the government, CPI (Consumer Price Index) will not fall below this level until Q4 2019.
Scope
– The retail market is set to grow 2.2% between 2017 and 2018, driven by price inflation from an increased cost of raw materials as well as business rates and employment costs such as increases in the national living wage.
– While food & grocery offline sales dominate the market, the online channel sees sectors such as clothing & footwear become more prominent.
– The books market is the smallest sector within total retail, worth only 0.8% in 2018. However, while performance is relatively lacklustre, physical books have seen a revival in line with products such as vinyl records and polaroid cameras.
Reasons to Buy
– This report helps executives build proactive, profitable growth strategies by offering comprehensive, relevant analysis of key economic indicators and retail sectors.
– The broad but detailed perspective will help manufacturers and retailers understand and succeed in the challenging retail market.
– Discover which segments of the market are forecast to prosper out to 2023, and how alterations in economic policy will impact the retail market's future prospects.
– Utilise our online forecasts to 2023 to consider how to exploit your online potential and decide how best to target consumers via the channel.
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DFS
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