Retail sales growth slowed in August as the cost-of-living crisis forced shoppers to reduce their spending,
Figures from the British Retail Consortium and KPMG in their monthly sales monitor show that total sales edged up 1% in the month following growth of 2.3% in July when the heatwave boosted spending.
In the three months to August, food sales rose by 3% although non-food sales were 2% down.
Helen Dickinson, BRC chief executive, said: “For the first time in recent months, clothing sales were sluggish as summer events ended, and parents held back on back-to-school spending. White goods and homeware remained hardest hit, but products such as air fryers and knitwear did get a boost as thrifty consumers prepare for soaring energy bills.”
