Retail footfall slumps in January

Retail footfall suffered a fresh slump across the UK in January, as consumer appetite continued to be subdued by Brexit uncertainty and relatively high inflation.

The British Retail Consortium (BRC) on Monday said that footfall had slipped 1.6% during the month compared to the same period a year ago, which represents a deeper fall than the 1.3 per cent slide recorded in January 2017.

The figure was slightly better than the three-month average of a 1.8% decrease, but below the 12-month average of a 0.7% decline.

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