July 2018 Monthly Consumer Update: US, UK and China
Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports.
Our Monthly Consumer Update rounds up key metrics that reflect consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth.
Highlights from our July Consumer Update:
- In the US, gasoline prices were up by one-quarter year over year, yet retail sales (excluding gasoline) continued to grow strongly.
- In the UK, retail sales growth strengthened even as inflation began to outpace wage growth.
- In China, the medium-term slowdown in retail sales growth continued.