UK Retail Sales Growth Slows in May as Rising Food Costs Dampen Consumer Spending
London, UK – The British Retailers Consortium (BRC) reported that retail sales growth in the UK reached its lowest level in seven months in May. The surge in food prices has compelled shoppers to rein in unnecessary spending, shattering expectations of a sales boost during the three-day holiday period. According to the BRC, in-store spending …
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