Quarterly Insight Briefing - Q3 2024
The BRC Insight team hosted its Q3 2024 Briefing on 16th October covering the latest retail sales performance, footfall and consumer sentiment trends, and economic update.
Download this on-demand briefing to get up to date with the latest retail market and economic trends covering the third quarter of 2024.
Key takeaways:
- Economic growth has slowed but is still expected to eclipse 1% this year. Retail volumes are trending upwards as we head into Q4.
- Footfall turned positive for the first time in two years, retailers are hopeful this good form will continue in the coming months.
- Improvement in Q3 retail sales. However, the coming months are crucial for the economy as retailers enter the “Golden Quarter”.
- Consumer optimism is negative ahead of Labour’s first budget, but personal financial situations are improving.
We would welcome your feedback and/or questions. Please email insight@brc.org.uk.