The latest release of real-time indicators in the UK provides early experimental data and analysis on economic activity and social change. Here are the key highlights:
- Consumer behavior showed mixed results, with increased credit and debit card spending, stable automotive fuel spending, but decreased transactions in most Pret A Manger stores.
- Business concerns for June 2023 decreased to 68% from the previous month’s 71%, with energy prices and inflation of goods and services being the main worries.
- Worker shortages remained stable, with around two-thirds of businesses not experiencing shortages.
- Online job adverts saw a slight increase compared to the previous week but remained below 2022 levels, with decreases observed in several job categories and UK regions.
- Energy prices rose slightly, but they were significantly lower than the peak level seen in December 2022.
- The average number of UK flights increased compared to the previous week and the same period last year.
These real-time indicators offer valuable insights into the current economic landscape and social changes in the UK. The next release is scheduled for 15 June 2023.