Article F689 UK retail sales fall despite drop in prices

UK retail sales fall despite drop in prices

by
Larry Elliott Economics editor
from on (#F689)

Falls in sales in June were reported by petrol stations, food stores and shops selling household goods

Falling prices failed to tempt consumers to part with their money last month as shops and online traders reported a surprise drop in business.

The Office for National Statistics said the volume of retail sales in June fell 0.2% compared with May, confounding City expectations of a 0.4% post-election boost to spending.

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