UK retail sales weakened for the second month running in July as the supermarket price war and continued low food inflation saw shoppers spending less on food.
Like-for-like sales – which exclude spending in shops that opened or closed in the intervening year – were down 0.3 per cent in July on the same month last year, according to monthly data from the British Retail Consortium/KPMG survey.
City economists had been expecting sales to bounce back 0.55 per cent after a 0.8 per cent decline in June. The fall was driven by continuing weakness in food sales, which declined 3.5 per cent in the three months to July. However, non-food sales continued to grow, up 2.4 per cent in the same period.
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