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UK Executive Report summary

October 2024

Period covered: Period covered: September 2024

3 minute read

Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or take out a free 30 day membership trial now.

GDP

  • Real GDP grew by 00% in the three months to August 2024, with all main sectors showing expansion in August, notably services and construction.

Confidence

  • The GfK Consumer Confidence Index fell one point to -00 in October.

Inflation

  • The headline inflation measure rose by 00% in September YoY, down from 00% in August. This marks the lowest level of inflation since April 2021, surprising economists who had anticipated a drop to 00%.

Labour Market

  • The UK employment rate stood at 00% in June to August, up from the previous quarter and a year ago.

Retail sales

  • Retail sales accelerated in September rising 00% YoY, supported by new product innovations and back to school essentials.

Credit and housing market

  • Net mortgage approvals for house purchases rose to 00 in September, the highest level since August 2022

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The headline inflation measure rose by 1.7%

Source: Retail Economics Retail Sales Index

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UK Executive Report: December 2024

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  • 2-Pager executive bullet-point narrative
  • Concise, punchy and bold substance
  • Need-to-know economic indicators
  • GDP, retail sales, consumer and business confidence, market data…
  • Footfall stats by channel
  • External retail sales data summaries: Office for National Statistics, British Retail Consortium, CBI, BDO, John Lewis, Visa and more…