UK retail sales hit by surprise downturn despite big discounting
by Phillip Inman from Economics | The Guardian on (#4V4BB)
Drop of 0.1% blamed on pre-Brexit concerns and declines in employment and wages growth
Britain's shops were hit by a surprise downturn in sales in the run-up to Christmas after official figures showed a 0.1% drop in October.
City analysts had expected consumers to continue their month-on-month spending increases with a 0.1% rise, albeit largely built on heavy discounting by retailers.
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