🛒 Retail sales fell at a level “not seen since the depths of the pandemic” as families found their budgets were constrained even further by the cost of living crisis, figures show.
thanks to the growing cost of food, energy bills and fuel.
Helen Dickinson, chief executive of the British Retail Consortium , said: “Sales volumes are falling to a rate not seen since the depths of the pandemic, as inflation continues to bite, and households cut back spending. “While the Jubilee weekend gave food sales a temporary boost, and fashion sales benefitted from the summer holiday and wedding season, this was not enough to counter the substantial slowdown in consumer spending.”
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