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Cycling Weekly
Cycling Weekly
Sport
Tom Davidson

Bike sales hit new historic low as cost of living crisis bites

A custom bike shop.

Sales of bicycles in the UK have plummeted further in 2023, according to market data from the Bicycle Association shared exclusively with Cycling Weekly. 

Between January and October this year, sales volumes of bikes fell 6% below 2022 levels, when the market hit its biggest slump in two decades.

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