UK retail sales fall 3.3% in November in 'bad start to festive season'

Below three- and 12-month averages

Total retail sales in the UK slumped by 3.3% year-on-year in November, compared with a growth of 2.6% in November 2023.

According to data released by the British Retail Consortium (BRC) today (3 December), the November 2024 figure stood below both the three-month and 12-month averages of -0.1% and 0.5%, respectively. BoE warns of rising sovereign debt impact on UK financial stability Food sales increased 2.4% year-on-year between September and November, against a growth of 7.6% in the same period last year. Non-food sales dropped 2.1% over the three months to November, higher than the 1.6% decline reported in November 2023. Similarly, in-store non-food sales decreased by 2.2%, compared with a 2.2...