Retail sales decline ‘does not bode well’ ahead of Christmas
Retail sales fell in October to their lowest level since the February 2021 lockdown as the cost-of-living crisis combined with wet weather took its toll on retailers, according to the Office for National Statistics (ONS).
Sales by value increased 2.2% year on year and grew 0.1% month on month.
However, sales by volume decreased 2.7% year on year and also dipped 0.3% from September to October.
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