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UK retail sales rose 1.6% in October, the weakest growth since May, as shoppers delayed spending ahead of Black Friday and a key budget.
UK retail sales grew just 1.6% in October, the weakest rise since May, as consumers delayed spending on items like electronics and clothing ahead of Black Friday and the November 26 autumn budget.
Barclays reported a 0.8% year-on-year drop in card transactions, with essential spending falling sharply.
Retailers face uncertainty over upcoming fiscal changes, and consumer confidence declined across all seven of Barclays’ indicators, the first drop since 2022.
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Las ventas al por menor del Reino Unido aumentaron un 1,6% en octubre, el crecimiento más débil desde mayo, ya que los compradores retrasaron el gasto antes del Viernes Negro y un presupuesto clave.