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The Independent UK
The Independent UK
National
Josie Clarke

Cost-of-living crisis weighing on retail sales

PA Wire

Retail sales have grown at their lowest rate since February 2021 as high inflation and the deepening cost-of-living crisis deter consumers, figures show.

Total like-for-like sales in June increased by 8.4% compared with a year ago, with an 8.8% drop in homeware sales suggesting that consumers are postponing large purchases, according to the BDO High Street Sales Tracker.

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