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The Independent UK
The Independent UK
Business
Holly Williams

Retail sales fall unexpectedly in October amid Budget hit to consumer confidence

Retail sales fell unexpectedly last month for the first time since May in the latest sign of consumer caution ahead of the Budget (Alamy/PA) - (Alamy/PA)

Retail sales fell unexpectedly last month for the first time since May in the latest sign of consumer caution ahead of the Budget.

Official figures showed retail sales by volume fell 1.1% during October, following an upwardly revised increase of 0.7% in September.

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