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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

British retail sales slump by more than forecast amid chilly weather

A shopper on Oxford Street in London
A shopper on Oxford Street in London. City economists had forecast a shallower decline in retail sales for June. Photograph: Andy Rain/EPA

Retail sales in Great Britain slumped in June by more than forecast as cautious households reined in their spending amid poor weather, election uncertainty and the cost of living crisis.

Figures from the Office for National Statistics (ONS) show retail sales volumes were estimated to have fallen by 1.2% in June, after a rise of 2.9% a month earlier. City economists had predicted a shallower 0.4% decline.

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