🛍️ Inflation-hit shoppers cut spending by record amounts last month, dashing hopes of a Christmas boost for the country’s flagging retail sector
Inflation-hit shoppers cut spending by record amounts last month, dashing hopes of a Christmas boost for the country’s flagging retail sector.failed to produce a boost in sales, according to the Office for National Statistics .
Consumer price inflation eased slightly to 10.5 per cent last month, after hitting a 41-year high of 11.1 per cent in October – but food and non-alcoholic beverage prices in particular remain badly affected. “Online sales dipped, with feedback indicating postal strikes were leading people towards purchasing more goods in-store,” she said.
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