Warm weather lifts UK retail sales in July but shoppers shun big purchases
- UK total retail sales increased by 0.5% year on year in July, partly due to warm weather, despite consumers being cautious about big purchases during the cost of living crisis.
- David Lonsdale from the Scottish Retail Consortium noted retail sales had a fourth consecutive monthly decline as Scots preferred leisure activities over spending in stores.
- Discretionary spending fell 0.3% year on year in July, with families focusing on summer clothes and health products while avoiding larger purchases like furniture.
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Coverage Details
Total News Sources0
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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