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Cost of living crisis weighs on retail sales growth

The final week of the month saw the strongest LFL growth, with sales jumping by +18.61% above those recorded in 2021

High levels of inflation and the deepening cost of living crisis have prompted further slowing of retail sales growth, according to BDO’s High Street Sales Tracker (HSST).

It found that total like-for-like (LFL) sales, combined in-store and online, increased by +8.

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