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UK retail sales rise modestly as shoppers wait for Black Friday

Economy · First reported 10 Nov, 00:01 · Updated 00:07

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UK retail sales grew 1.5% year on year in October, while retailers reported shoppers delaying some purchases ahead of Black Friday. The reports cite higher household and business costs as pressures on spending and retail trade.

  • UK retail sales rose 1.5% year on year in October.
  • The reports link subdued spending to shoppers waiting for Black Friday offers, with the detailed account also describing higher costs facing households and retailers.
  • The centre report says sales growth was above the three-month average; the detailed report gives that average as 1.6% for the year to October.
Summary written by Sumzly from 2 articles

Key facts

UK retail sales growth
1.5% year on year in October
Centre report’s three-month average
1.2%
Detailed report’s year-to-October comparison
1.6% growth
October food sales growth
3.2%, compared with 3.5% a year earlier

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