Surprise drop in December retail sales

  • Sales volumes fell 0.1% between November and December
  • Economists predicted a return to growth of 0.2%
  • It will fuel fears that the economy contracted at the end of last year

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Shock Christmas retail sales fall

Retailers suffered a worse Christmas than feared after official figures today showed a surprise drop in volumes in December. Retail sales fell 0.1% between November and December.