July’s wet weather caused a slowdown in UK retail sales, new figures suggest, with demand for clothing falling as people felt less need to restock their summer wardrobes.
Overall retail sales grew 1.5% in July, down from 2.3% the year before, the British Retail Consortium (BRC) said.
The group said rising interest rates were also squeezing shoppers’ budgets.
The group said rising interest rates were also squeezing shoppers’ budgets.
According to the trade body’s research, spending in July was dented by the damp weather, which did “no favours to sales of clothing, and other seasonal goods”.
It found that sales of all types of clothing and shoes declined in what is usually a busy month for fashion retailers.
The wet weather also slowed down the post-pandemic return to brick-and-mortar stores, the BRC said, while online sales continued to slide, falling nearly 7% year-on-year.
Sales of furniture, health and beauty goods held up though.
July’s wet weather caused a slowdown in UK retail sales, new figures suggest, with demand for clothing falling as people felt less need to restock their summer wardrobes.
The group said rising interest rates were also squeezing shoppers’ budgets.
Overall retail sales grew 1.5% in July, down from 2.3% the year before, the British Retail Consortium (BRC) said.
According to the trade body’s research, spending in July was dented by the damp weather, which did “no favours to sales of clothing, and other seasonal goods”.
The group said rising interest rates were also squeezing shoppers’ budgets.
The group said rising interest rates were also squeezing shoppers’ budgets.
According to the trade body’s research, spending in July was dented by the damp weather, which did “no favours to sales of clothing, and other seasonal goods”.
It found that sales of all types of clothing and shoes declined in what is usually a busy month for fashion retailers.
The wet weather also slowed down the post-pandemic return to brick-and-mortar stores, the BRC said, while online sales continued to slide, falling nearly 7% year-on-year.
Sales of furniture, health and beauty goods held up though.
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