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Evening Standard
Evening Standard
Business
Daniel O'Boyle

UK high street may be 'back in recession' as retail sales fall faster than thought

UK retail sales fell much faster than expected in September, as experts warned the combination of unseasonably hot weather and high interest rates may have pushed the high street back into recession.

Sales were down by 0.9%, after a 0.4% rise in August, the ONS revealed today. Economists had expected a dip of just 0.3%.

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