United Kingdom: -1% retail sales in December


(CercleFinance.com) – UK retail sales volume fell by 1% in December 2022, according to ONS estimates, after falling 0.5% in November (revised from a drop of 0.4% indicated at first reading).

Sales volume at non-food stores fell 2.1%, while food stores fell 0.3%, the statistics institute said, with some retailers suggesting customers had stocked up early. for Christmas.

‘Between 2021 and 2022, retail volumes decreased by 3%, as the lifting of hospitality restrictions led to a return to restaurants, and rising prices and cost of living affected volumes of sales’, adds the ONS.

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