British retail sales drop on clothes and food

Source: Bloomberg
© Scanpix/Reuters
Retail sales in the United Kingdom decreased significantly in January of this year, putting the economic recovery under the risk. The indicator went down 1.5% month-on-month after a 2.5% rise in December. Analysts suppose that it could be a correction after a considerable surge. Meanwhile, the biggest drop was seen in sales of food and clothes – by 3.4% and 3.5%, respectively.

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