News in Review Wednesday 27th April 2022 - DGS Chartered Financial Planners
News in Review Wednesday 27th April 2022

News in Review Wednesday 27th April 2022

As expected, the latest data set from the Office for National Statistics (ONS) highlighted that consumer spending, impacted by rising costs, led to a reduction in UK retail sales throughout March. As people tightened up on nonessential spending, retail sales volumes fell by 1.4% in the month following a decline of 0.5% in February. This fall significantly lags the 0.3% decline expected by economists.