{"id":40364,"date":"2021-01-22T16:08:50","date_gmt":"2021-01-22T12:08:50","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=40364"},"modified":"2021-01-22T16:08:52","modified_gmt":"2021-01-22T12:08:52","slug":"uk-retail-sales-recovered-less-in-december","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/uk-retail-sales-recovered-less-in-december\/01\/22\/market-updates\/","title":{"rendered":"UK Retail Sales Recovered Less in December"},"content":{"rendered":"\n<p>Official data revealed that British retailers struggled to recover in December from partial lockdown measures the previous month, marking a weak end to their worst year on record, while public borrowing rose to its highest levels since 1962.<\/p>\n\n\n\n<p>These numbers bode poorly for Britain&#8217;s economy in early 2021, as it appears that the economy will move in the opposite direction under pressure from new measures to combat Covid-19 introduced in January.<\/p>\n\n\n\n<p>The British Office for National Statistics said that retail sales volumes increased 0.3% in December, far below economists&#8217; expectations in a Reuters poll for a 1.2% increase, with sales up only 2.9% compared to their level a year ago.<\/p>\n\n\n\n<p>In 2020 as a whole, retail sales fell 1.9%, the biggest full-year decline since data began in 1996, and clothing sales plunged by more than a quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Official data revealed that British retailers struggled to recover in December from partial lockdown measures the previous month, marking a weak end to their worst year on record, while public borrowing rose to its highest levels since 1962. These numbers bode poorly for Britain&#8217;s economy in early 2021, as it appears that the economy will &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33011,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7049,6994,6835],"class_list":["post-40364","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-retail","tag-sales","tag-uk"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=40364"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40364\/revisions"}],"predecessor-version":[{"id":40365,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40364\/revisions\/40365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33011"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=40364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=40364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=40364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}