Analysis

UK retail sales slowing sharply but recovery is predicted in 2024

By 2022-12-01T00:00:00

Retail

Source: Shutterstock/Prostock-studio

Annual total UK retail sales for 2022 are set to slow by 4.5% compared to 2021, to £443bn, as the economic slowdown and inflation weighs on households’ purchasing power, according to AEW Research’s 2023 European Annual Outlook report.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue