Mumbai, Jan. 13 -- UK retail sales grew at a slower pace in December despite festive season as consumers cut back spending on higher household bills, the British Retail Consortium said Tuesday.
Total retail sales increased 1.2 percent in December from the previous year compared to an annual growth of 3.2 percent in the same period last year.
Food sales rose 3.1 percent on a yearly basis, while non-food sales decreased 0.3 percent. In-store non-food sales dropped 0.5 percent and online non-food sales fell 0.1 percent.
The online penetration rate increased to 38.6 percent in December from 38.5 percent in the last year.
Published by HT Digital Content Services with permission from Capital Market....