The unexpected 0.3% drop in UK retail sales in December raised concerns over the health of the UK economy, particularly following a very poor month of food sales.
Danni Hewson stated, "It's a crucial period of time when retailers make enough money to see them through those sluggish early months of the year..."
The fall in retail sales capped off a disappointing end to 2024 for the sector... with the chancellor under pressure to deliver growth.
Economists noted, "Although the economy clearly struggled at the end of last year, we doubt that will last," indicating some optimism despite recent figures.
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