Christmas retail sales tail off despite early Black Friday boost

Christmas-shoppers-in-Covent-Garden

UK retail sales growth slowed in November as cautious consumers continue to put off Christmas spending, despite Black Friday sales starting earlier, according to the BRC-KPMG Retail Sales Monitor.

Total UK retail sales increased 2.7% in November, against a rise of 4.2% in November 2022. This was slightly above the three-month average growth of 2.6% but well below the 12-month average of 4.1%. Food sales grew 7.6%, below the 12-month average growth of 8.4%.

 

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