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Economy

Retail sales dip in May as consumers cut spending

UK retail sales decreased 1.5% on a like-for-like basis from May 2021, when they had increased 18.5%

Sales across retail decreased by 1.1% in May, against an increase of 28.4% in May 2021, as consumers continued to cut spending amid the cost of living crisis, according to the BRC.ย 

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