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UK retail sales fall unexpectedly in September

UK retail sales fall unexpectedly in September
UK retail sales fall unexpectedly in September   -   Copyright  Thomson Reuters 2021
By Reuters

LONDON – British retail sales dropped by 0.2% September, official figures showed on Friday, adding to signs of weakness in the recovery and bucking economists’ expectations in a Reuters poll for a monthly rise of 0.5%.

Retail sales volumes in September were 1.3% lower than a year earlier, the Office for National Statistics said, weaker than the poll forecast for a 0.4% dip, although they are still 4.2% higher than in February 2020, before Britain went into lockdown.