
UK Retail Sales Decline in July Despite Summer Boosts
Retail sales in the UK experienced a decline in July, marking a softening after a boost in June from events like the World Cup. This fall occurred despite increased demand for food and drink during a heatwave.
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Retail sales in Great Britain fall despite heatwave increasing food and drink demand
Volume of goods sold in stores and online dropped 0.5% in July, ONS says Business live – latest updates Retail sales across Great Britain weakened last month despite the men’s football World Cup and record temperatures boosting the demand for food and drink. The Office for National Statistics said the volume of goods sold in stores and online fell 0.5% in July. That is down from 0.7% rise in June – revised down from initial estimates of 1% – and a 1.3% rise in May. Continue reading...
By Kalyeena Makortoff
Read full article →Retail sales weaken in July as demand for clothing falls back
The Office for National Statistics said retail sales volumes declined by 0.5% in July, compared with the previous month.
By Henry Saker-Clark
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