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Busy streets and shops, but shoppers are spending less

Retail sales volumes dropped 0.8% in October Photo: ITV News

Weakening consumer confidence has led to a much worse than expected October for retailers.

Retail sales volumes dropped 0.8% last month, according to the latest figures.

They reveal a 0.8% drop in how much consumers bought in October compared to September, which is bigger than expected.

The British Retail Consortium said:

Consumer confidence dropped to a six-month low in October and this has led to sales growth almost grinding to a halt at a critical point.

With Christmas fast approaching, retailers will be hoping that the festive feelgood factor translates into a much stronger showing next time.

It comes as figures from Eurostat show that the eurozone is now in a recession.

ITV News' Economics Editor, Richard Edgar, reports from Birmingham.

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