UK retail sales suffer record drop on Omicron fears

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British retail sales suffered a record drop in December as consumers shunned the high street due to Omicron concerns, having snapped up Christmas purchases the previous month, data showed Friday.

Total sales volumes dropped 3.7 percent last month from November, the Office for National Statistics said in a statement.Sales had risen by one percent in November as some consumers bought early gifts for the festive season amid fears over supply-chain problems.

"As restrictions in England meant more people working from home, there was a notable fall for fuel sales," she said, adding that one quarter of December sales were online. "December's retail story was exactly the tale stores didn't want told," said AJ Bell analyst Danni Hewson.

 

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