Bank Of Baku

UK retail sales fall by more than expected in September

UK retail sales fall by more than expected in September
# 21 October 2022 10:30 (UTC +04:00)

 British retail sales volumes fell by a bigger-than-expected 1.4% in monthly terms in September, official data showed on Friday, as consumers felt the hit from rising prices, APA reports citing Reuters. 

September's data was also affected by a one-off public holiday to mark the funeral of Queen Elizabeth when many retailers closed, the Office for National Statistics said.

Economists had expected retail sales to fall 0.5%.

Excluding automotive fuel, sales fell 1.5% from August.

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