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UK retail sales fell by 1% in December 2022

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Cost-conscious shoppers curbed spending over the Christmas period adding to the woes of retailers, official figures show.

Retail sales unexpectedly fell by 1% in December, the second month of decline, according to the Office for National Statistics.

It was far worse than the 0.5% rise predicted by economists.

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Category
World
Tags
inflation, shopping, consumer spending
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