Retail sales slow as customers delay spending ahead of Christmas

Online Christmas shopping

Retail sales slowed in October as the cost-of-living crisis prompted customers to delay spending ahead of Christmas.

On a total basis, sales increased by 1.6% in the four weeks between October 2 and October 29, against an increase of 1.3% in October 2021, according to the latest BRC-KPMG Retail Sales Monitor.

 

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