CBI data shows fall in retail sales in UK amid high inflation
Retailers’ orders with suppliers also declined this month due to lower demand.

Retailers’ orders with suppliers also declined this month due to lower demand.
Retail sales were up by 7.3% year-on-year for the first five months of the year.
Footfall in May is better than the three-month average decline of 13.7%.
Business optimism increased in May 2022 compared to April 2022, amid concerns over rising costs, economic slowdown, and the Ukraine…
Abuse levels increased even as fewer shops were open for large parts of the year due to pandemic restrictions.
Retailers were able to adapt to Covid-19-related challenges by quickly bolstering e-commerce options.
Retailers in the country expect their business situation to weaken by 13% over the next three months.
The country's total retail sales volume was 4.1% higher than in February 2020.