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Washout for UK Retailers as Rain Spurs Sharp Drop in April Sales - Vimarsana News

Washout for UK Retailers as Rain Spurs Sharp Drop in April Sales

British retail sales slid by far more than expected in April as rainy weather kept shoppers away, in more mixed economic news for Prime Minister Rishi Sunak ahead of a national election, data showed on Friday. Sales volumes dropped by 2.3% in April alone after a 0.2% fall in March, which was downwardly revised from a flat reading, the Office for National Statistics said. The data was worse than any economist predicted in a Reuters poll, which had pointed to a drop of around 0.4% on the month.

Source: aawsat.com
Retail sales fall, excluding fuel, food and online weak - Vimarsana News

Retail sales fall, excluding fuel, food and online weak

Retail sales fell, excluding fuel, signalling pressure on British consumers

UK retail sales stagnate despite easing inflation - Vimarsana News

UK retail sales stagnate despite easing inflation

By Suban Abdulla LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the first time that they have not grown in monthly terms since December, the Office for National Statistics said on Friday. Economists polled by Reuters had mostly forecast sales volumes would increase by 0.3% on the month. But…

Shoppers shun department stores as prices rise - Vimarsana News

Shoppers shun department stores as prices rise

Higher prices put off shoppers as sales volumes overall stagnate in March.

Source: yahoo.com
UK Retail Sales Stagnate Despite Easing Inflation - Vimarsana News

UK Retail Sales Stagnate Despite Easing Inflation

British retail sales stagnated in March despite high inflation easing recently, the Office for National Statistics has said.