Surprise as retail sales fall 0.7%

Press Association
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The high street suffered a slump in October as official figures showed a surprise 0.7% fall in retail sales compared with the previous month.

Price increases slowed but it was not enough to prevent the decline in volumes. It was a worse than expected performance, as analysts had been expecting sales to be flat, stoking fears that retail will drag down overall growth for the economy in the current quarter
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