UK Christmas retail sales nosedive – report ...News

Russia Today - Economy
UK Christmas retail sales nosedive – report
source : Russia Today ( News ) () 62
Spending during the holiday season was weaker than expected, according to industry data UK retailers reported lackluster sales around Christmas as consumers continue to struggle amid soaring inflation, the British Retail Consortium (BRC) and consultancy KPMG have jointly reported. Data released on Tuesday shows that total sales rose just 1.7% in December, compared with almost 7% growth a year earlier. Sales of non-food items declined over the three months through December, the figures showed, as shoppers particularly avoided purchasing items such as furniture and homeware, as well as clothing, jewelry and technolo

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