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UK Retail Sales Fall As Britons Reduce Spending On Food

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by , 06-24-2022 at 10:45 AM (54 Views)
      
   
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UK retail sales declined in May as high cost of living pulled consumer sentiment to a record low and weighed on households' spending in food stores, data showed on Friday. Retail sales volume dropped 0.5 percent month-on-month in May, reversing a revised 0.4 percent increase in April, the Office for National Statistics said. Economists had forecast sales to drop 0.7 percent.

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