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Weak consumer confidence is expected to take its toll again on the high street following a bounceback in September.
- Experts predict a 0.2% drop in retail sales volumes for October
- It follows a 0.6% rise the previous month, driven by demand for warmer clothes and back-to-school clothing
- But many consumers still face significant pressures of rising inflation, higher food prices and muted wage growth
Official figures are released at 9:30am.
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Weakening consumer confidence has led to a much worse than expected October for retailers. Retail sales volumes dropped 0.8% month-on-month.
The traders and locals on Horley High Street are determined to fight the seemingly endless tale of decline.