UK Consumer Spending Declines Amid Poor Weather

Poor weather in June led to a decline in consumer spending in the UK, with a 0.2% drop in total retail sales compared to the previous year. Non-food product sales fell by 2.9%, particularly affecting clothing, footwear, DIY, and gardening categories. Conversely, electronics sales increased as consumers bought new televisions for Euro 2024. Food sales saw a modest 1.1% rise. Despite hopes for increased spending due to better weather and sporting events like Wimbledon and Euro 2024, financial concerns restrained consumer expenditure. Retailers are seeking government support to stimulate the economy and consumer confidence amidst ongoing challenges.