Can I read Retail Sales Plummet Amid Inflation on EtoBox?

Retail Sales Plummet Amid Inflation by VIJIL VIJAYAN is a document available to read on EtoBox.

What is Retail Sales Plummet Amid Inflation about?

Retail sales in the UK are falling at the fastest rate since the start of the pandemic as inflation hits household budgets. Shoppers are cutting back on large purchases like appliances and opting for cheaper brands and food inflation could reach 15% this summer, forcing many to change shopping habits to spend less. A survey found that retail sales decreased 1% in May and June compared to a 10.4% increase in the same period last year as consumers rein in spending due to squeezed incomes.

Author

VIJIL VIJAYAN

Language

EN