Skip to content

U.K. Retail Sales Fall More Than Forecast as Prices Bite

  • Volume of goods sold in stores and online down 1.4% in March
  • People cut discretionary spending and non-essential journeys
The fall in retail sales was driven by sales of food, clothing, footwear, and fuel.

The fall in retail sales was driven by sales of food, clothing, footwear, and fuel.

Photographer: Anthony Devlin/Bloomberg
Updated on

Follow us at @BloombergUK for the latest news and analysis.

U.K. retail sales plunged more than forecast in March as the cost-of-living crisis squeezed incomes and consumers braced for higher taxes and energy bills.