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UK Retail Sales Unexpectedly Fall Amid Cost Of Living Crisis, Weak Confidence

UK retail sales declined unexpectedly in November as the rising cost of living and weak consumer sentiment dragged down consumer spending.

Retail sales volume fell 0.4 percent from October, when turnover was up by revised 0.9 percent, data from the Office for National Statistics showed Friday. Sales were expected to gain 0.3 percent.

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by Renju Jaya

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