UK retailers’ worst year ever caps shows inflation’s effects

UK retailers’ worst year ever caps shows inflation’s effects
U.K. retail sales fell unexpectedly in December 2022, finishing the worst year on record as a brutal cost-of-living squeeze pointed toward more pain ahead for the economy. The Office for National Statistics reported Jan. 20 that a 6.1% drop in the volume of goods purchased in shops and online was the sharpest since records started […] The post UK retailers’ worst year ever caps shows inflation’s effects appeared first on Digital Commerce 360.
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