News in Review Wednesday 27th July 2022
Retail sales edged lower last month as people reduced their fuel consumption, while households continue to struggle with fast rising prices. According to the most recent Office for National Statistics (ONS) data released last Friday, retail sales volumes fell by a smaller-thanexpected 0.1% in June; economists surveyed in a Reuters poll had widely expected a 0.3% monthly decline. This follows a fall of 0.8% in May.
