UK Retailers Struggled Over Christmas as Shoppers Cut Back on Spending

UK Retailers Struggled Over Christmas as Shoppers Cut Back on Spending
Shoppers in a supermarket in the UK on Oct. 15, 2021. Aaron Chown/PA Media
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The UK retail sector sold far less than expected during the Christmas season as shoppers tightened their belts, new figures show.

Retail sales volumes are estimated to have fallen by 1 percent in December 2022, following a fall of 0.5 percent in November, according to the Office for National Statistics (ONS).