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Retail growth stalls

By rotide
Created 17/09/2009 - 12:08
UK retail sales were unchanged in August compared with July, according to figures released by the Office for National Statistics (ONS).

The figures - combined with yesterday's announcement that unemployment has reached a 14-year - have cast doubts on the strength of the economic recovery.

All non-food sectors, apart from household goods, suffered declines in sales. The worst hit were textile, clothing and footwear shops, where sales dipped 1.3%.


Source URL:
https://www.newbusiness.co.uk/news/retail-growth-stalls