Retail sales fall for first time since May
Retail sales decreased by 1.1% in October, compared to an increase of 0.7% in September, according to the latest figures from the Office for National Statistics (ONS).
This figure marks the first decrease in retail sales since May 2025. The retail sales in food stores decreased by 1.1% on a monthly basis.
According to the ONS, the slowdown in spending is due to shoppers delaying their purchases ahead of the Black Friday sales season.
However, overall sales volumes rose by 1.1% in the three months to October 2025, compared to the three months to July 2025.
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Rajeev Shaunak, head of consumer at accountancy and advisory firm MHA, said: “The decline in sales volumes in October by 1.1%, following four consecutive months of growth, reflects a sector that is currently navigating a challenging environment, caught between signs of relatively high inflation and the grim reality of a cautious, financially stretched consumer base.
“The uncertainty surrounding what the Chancellor’s Budget next week will mean for individuals is only further dampening consumer confidence and spending intentions.”
Shaunak added: “With the Budget only a week away, the sector will be looking to the Chancellor to relieve the immediate financial pressures that the sector is facing and support long-term investment.”




