Fears for UK economy rise as shoppers rein in spending again
by Richard Partington Economics correspondent from Economics | The Guardian on (#4HJDZ)
Colder May puts chill on summer clothing sales as consumer spending falls for second month in a row
Britain's consumers have reined in spending after an unseasonably cold May prompted a sharp decline in summer clothing sales.
The Office for National Statistics said retail sales dropped by 0.5% in May from a month earlier, the biggest decline in spending this year, after shoppers seemingly had shrugged off Brexit fears earlier in 2019.
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