Sunday February 23, 2020

Is British economy weakening ahead of election?

Retail sales slump as price rises squeeze shoppers

21st April, 2017
2
Prices at British stores have jumped. Pic: Getty

Figures from the Office for National Statistics (ONS) show that the volume of retail sales dropped by a bigger than expected 1.8 per cent last month compared with February. Economists had expected a fall of around 0.5 per cent.

The ONS also reported that the volume of goods sold in stores and online fell 1.4 per cent in the first three months of 2017, which was the first quarterly drop since the end of 2013 and the biggest since 2010.

Sales...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 1 week ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 1 week ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 1 week ago