UK retail sales slip in May as consumer confidence falls to lowest on record

Shoppers cut back on food spending

clock • 2 min read
The fall in sales volumes over the month was because of food stores, which fell by 1.6%.
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The fall in sales volumes over the month was because of food stores, which fell by 1.6%.

Retail sales in the UK fell by 0.5% in May, driven by a decline in food spending, while the consumer confidence index fell to its lowest level since records began, as rising inflation continues to take a toll on household finances.

According to figures released by the Office for National Statistics, the fall in sales volumes in May was because of food stores, which declined by 1.6%. Rising food prices and the cost-of-living s...

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