Kerr said: “Indeed, despite the softer-than-expected data, retail sales still added almost 0.1 percentage points to real GDP growth in Q1. Moreover, the prospect of interest rate cuts and the boost to real household incomes, from falling inflation and the 2p cut to national insurance in April, suggest the recovery in consumer spending will continue throughout this year.
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2024-04-19 08:14:13Z
CBMikgFodHRwczovL3d3dy5zdGFuZGFyZC5jby51ay9idXNpbmVzcy9mdHNlLTEwMC1saXZlLWxvbmRvbi1zdG9jay1leGNoYW5nZS1zaGFyZXMtcmV0YWlsLWVjb25vbXktaW50ZXJlc3QtcmF0ZXMtYmFuay1vZi1lbmdsYW5kLXJlc3VsdHMtYjExNTI0NzYuaHRtbNIBAA
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