Wed, 2019-09-04 00:52
LONDON: British retailers saw their sales flat-line in August as shoppers cut back on non-essentials and some households stockpiled food ahead of Brexit, surveys showed on Tuesday.
Annual total sales growth fell to zero from the weakest July rise on record of 0.3 percent, the British Retail Consortium (BRC), which groups major high-street chains and supermarkets, said.
That pushed down the average pace of sales growth over the past 12 months to 0.4 percent, the weakest levels since the
consortium began its data collection in 1995.
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