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May 26, 2017

UK retail sales slide in March

UK retail sales slide in March
'British retail sales slid by 1.8 percent in March compared with the previous month, official data showed' - By: AFP Ben STANSALL

London (AFP) - British retail sales slid by 1.8 percent in March compared with the previous month, official data showed Friday.

"Today's retail sales figures show a decline on the month and on the three months to March," the Office for National Statistics said in a statement.

"This is the first time we've seen a quarterly decline since 2013, and it seems to be a consequence of price increases across a whole range of sectors," the ONS added.

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