Wet Weather Adds to Woes for UK Retailers as Sales Drop
- Volume of goods sold in March fell greater-than-expected 0.9%
- Figures serve as reminder of pressures on household budgets
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UK retail sales fell more than forecast in March as wet weather doused spending and consumers retrenched after splashing the cash over the previous two months.
The volume of goods sold in stores and online dropped 0.9% from February, the Office for National Statistics said Friday. Sales excluding auto fuel declined 1%. Economists had expected falls of 0.5% and 0.6%, respectively.