Cost of living: Retail sales recover slightly in July with 0.3% rise but long-term decline persists
11 Articles
11 Articles
Cost of living: Retail sales recover slightly in July with 0.3% rise but long-term decline persists
Clothing and household goods sales fall again, with feedback continuing to indicate consumers are cutting back due to increased prices and cost of living concerns, says the Office for National Statistics.
Retail sales in Great Britain rise despite cost of living crisis
July rise of 0.3% driven by online promotions but clothing sales continue to fallRetail sales in Great Britain unexpectedly rose in July as consumers continued spending despite concerns over the cost of living crisis.The Office for National Statistics said sales volumes rose by 0.3% on the month, after a revised fall of 0.2% in June, with a range of online sales promotions helping to overcome a broader trend for a decline in spending.Continue re…
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