City snapshot: Retail sales growth begins to slow in August | News

Top story Year on year sales growth fell back in August as pent-up post-lockdown demand softened, according to the monthly BRC-KPMG Retail Sales Monitor. Total retail sales increased by 3% in August, against a growth of 3.9% in the same month last year. This figures below the three-month average growth of 6.9% and the 12-month average growth of 10.3%. On a two-year basis, Total retail sales grew 8.9% during August compared with the same month in 2019. On a like-for-like basis UK retail sales increased 1.5%, having increased 4.7% in the corresponding period last year. This is below the 3-month…

City snapshot: Retail sales growth begins to slow in August | News Topshelf News.

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