Retailers Suffer 'Disappointing' August as Household Bill Increases Loom The latest retail sales figures are a stark reminder that consumer spending is not immune to economic pressures. With a 0.
7% year on year growth in August, down from last year's 3. 1%, retailers and policymakers should be sounding the alarm. Non food sales have taken the biggest hit, declining by 0. 8% on a year ago.
This category has been particularly vulnerable to the looming increases in household bills.