{"id":2505,"date":"2007-11-29T16:09:23","date_gmt":"2007-11-29T16:09:23","guid":{"rendered":"https:\/\/mmm.9dotdigital.ca\/?p=2505"},"modified":"2025-03-27T15:48:33","modified_gmt":"2025-03-27T15:48:33","slug":"uk-retail-sales-set-to-slow","status":"publish","type":"post","link":"https:\/\/mmm.9dotdigital.ca\/?p=2505","title":{"rendered":"UK retail sales set to slow"},"content":{"rendered":"<p><font style=\"color: #000000\" color=\"#000000\"><span style=\"font-size: 10pt; font-family: arial; mso-fareast-font-family: 'times new roman'; mso-ansi-language: en-gb; mso-fareast-language: en-gb; mso-bidi-language: ar-sa\">UK<\/span><span style=\"font-size: 10pt; font-family: arial; mso-fareast-font-family: 'times new roman'; mso-ansi-language: en-gb; mso-fareast-language: en-gb; mso-bidi-language: ar-sa\"> high-street spending has proved resilient in recent months and retailers remain moderately optimistic about near-term prospects, according to the November CBI distributive trades survey. However, a significant slowdown is now being signalled by our leading indicator &ndash; see chart below. The indicator has five components: mortgage approvals, real earnings growth, retailers&rsquo; sales assessment, consumer buying intentions and household sector real money growth. Recent weakness mainly reflects drops in mortgage approvals and buying intentions coupled with lacklustre real earnings growth.<\/span><\/font><\/p>\n<p><font style=\"color: #000000\" color=\"#000000\"><span class=\"full-image-float-none\"><img decoding=\"async\" style=\"width: 500px; height: 300px\" alt=\"UKRetailSalesVolume.jpg\" src=\"\/storage\/UKRetailSalesVolume.jpg\" \/><\/span><\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK high-street spending has proved resilient in recent months and retailers remain moderately optimistic about near-term prospects, according to the November CBI distributive trades survey. However, a significant slowdown is now being signalled by our leading indicator &ndash; see chart below. The indicator has five components: mortgage approvals, real earnings growth, retailers&rsquo; sales assessment, consumer [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2505","post","type-post","status-publish","format-standard","hentry","category-money-moves-markets"],"_links":{"self":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2505"}],"version-history":[{"count":1,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2505\/revisions"}],"predecessor-version":[{"id":4814,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2505\/revisions\/4814"}],"wp:attachment":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}