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Retail sales volume fall to 1.3 per cent lower than pre-covid levels as cost of living bites

Retail sales volumes have plummeted to 1.3 per cent lower than pre-coronavirus levels as rising prices and the cost of living continues to bite. 

by | 23 Oct, 2022

Latest figures from the Office for National Statistics show sales volume on the high street were down by 1.4 per cent in September, though data was impacted by a bank holiday following the death of Her Majesty the Queen. 

Sales also dropped by 2 per cent in the three months up to September compared to the previous three months, continuing a downward spiral of lower spending, driven by turbulent economic conditions. 

Read more at City A.M.

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