Online sales slide as consumers tighten purse strings


 

Online sales fell last month, mirroring shopping habits on the high street as soaring inflation forced consumers to tighten their belts, according to government retail figures.

However, the amount being spent on goods rose by 0.6% as the cost of living crisis continued to bite.

The Office for National Statistics (ONS) said online sales fell by 1.7% in May compared to the previous month, but it had plummeted by 7.9% when compared to May 2021, before inflation became a significant [...]



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