Food & drink - biggest component of UK retail sales growth in July

Date : 09 August 2022

Patrick Mitchell-Fox

Senior Analyst

The latest release from the British Retail Consortium Retail Sales Monitor (BRC-RSM) shows that UK retail sales growth accelerated in July to +2.3%, up from -1.0% in June. While overall volumes continue to declined, as shopper confidence remained low, rising inflation has ensured sales values moved…
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