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UK retail sales fall unexpectedly in September -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Shoppers in London carry bags on August 25, 2016, Britain. REUTERS/Neil Hall/File Photo

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LONDON, (Reuters) – British retail sales fell 0.2% in September according to official data. This is in addition to the signs of weakness during recovery. It also contradicts economists’ predictions in a Reuters poll that a 0.5% monthly increase would be achieved.

The Office for National Statistics reported that retail sales volume in September was 1.3% less than one year ago. This is lower than what the poll predicted for a 0.4% drop, but still 4.2% more than they were in February 2020 before Britain entered lockdown.

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