The current drop in sales has not been seen 'since the depths of the pandemic', a UK retail body says.
During the pandemic, nationwide lockdowns meant shops were closed for weeks at a time so shopping habits changed
Sales in shops and online have dropped for three months in a row, figures from the BRC and accountants KPMG indicate.Inflation - the rate at which prices rise -, with the increasing cost of food, energy bills and fuel putting pressure on households' finances. Helen Dickinson, chief executive of the BRC said: "While the Jubilee [bank holiday] weekend gave food sales a temporary boost, and fashion sales benefited from the summer holiday and wedding season, this was not enough to counter the substantial slowdown in consumer spending."Total sales decreased by 1% in the five weeks between 29 May and 2 July 2022, against an increase of 10.4% in June 2021, figures from the BRC and KPMG show. It followed declines in April and May.
"With record petrol prices, being able to walk to a grocery store is also increasingly important," she added, "with 27% of shoppers agreeing this is a driver of store choice, compared to 24% in May."
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