UK retails sales in November fell unexpectedly in monthly terms, indicating rising caution among shoppers, the Office for National Statistics (ONS) has said.
Retail sales volumes dropped 0.4 per cent last month after rising 0.9 per cent in October — a bounce back from September when sales were affected by an extra public holiday to mark the funeral of Queen Elizabeth II.
A Reuters poll of economists had predicted a 0.3 per cent rise from October.
Compared with a year earlier, last month's retail sales were 5.9 per cent lower, the ONS said, a larger drop than economists had forecast.
“Black Friday and holiday sales have failed to produce the expected sales uplift," said Kevin Bright, partner and global leader of the consumer pricing practice at McKinsey and Company. "While consumers are spending 4.2 per cent more than a year ago, they are focusing on essentials like food and footwear, with overall sales volumes down 5.9 per cent."
“While price increases are influencing spending across the board, our latest consumer research indicates that younger generations are the most likely to be scaling back — 64 per cent of millennials and 65 per cent of Gen X are planning to buy fewer products/services in the future if prices continue to rise."
Erin Brookes, head of retail in Europe at management consultancy Alvarez and Marsal, said: "It is clear that retailers are struggling to shift stock, with Christmas sales beginning earlier than in recent years and discounts being offered for a longer period.
"A combination of the cost-of-living crisis, strike disruption and severe weather will likely curtail spending further in December, affecting both in-store and online purchases."
Food sales showed some strength. Volume rose 0.9 per cent in the month, suggesting that people were doing their Christmas food shopping early.
Nevertheless, supermarkets in recent months have noted a decline in volumes sold because of the increased cost of living and higher food prices, the ONS said.
Also on Friday, market research firm GfK said British consumer confidence had crept up this month but was still close to all-time low levels.
The retail sales figures come at the end of a week of economic data releases in the UK. Inflation was shown to have dropped slightly on Wednesday but remained near 40-year highs.
Meanwhile, the Bank of England raised interest rates by half a percentage point to 3.5 per cent on Thursday.
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School counsellors on mental well-being
Schools counsellors in Abu Dhabi have put a number of provisions in place to help support pupils returning to the classroom next week.
Many children will resume in-person lessons for the first time in 10 months and parents previously raised concerns about the long-term effects of distance learning.
Schools leaders and counsellors said extra support will be offered to anyone that needs it. Additionally, heads of years will be on hand to offer advice or coping mechanisms to ease any concerns.
“Anxiety this time round has really spiralled, more so than from the first lockdown at the beginning of the pandemic,” said Priya Mitchell, counsellor at The British School Al Khubairat in Abu Dhabi.
“Some have got used to being at home don’t want to go back, while others are desperate to get back.
“We have seen an increase in depressive symptoms, especially with older pupils, and self-harm is starting younger.
“It is worrying and has taught us how important it is that we prioritise mental well-being.”
Ms Mitchell said she was liaising more with heads of year so they can support and offer advice to pupils if the demand is there.
The school will also carry out mental well-being checks so they can pick up on any behavioural patterns and put interventions in place to help pupils.
At Raha International School, the well-being team has provided parents with assessment surveys to see how they can support students at home to transition back to school.
“They have created a Well-being Resource Bank that parents have access to on information on various domains of mental health for students and families,” a team member said.
“Our pastoral team have been working with students to help ease the transition and reduce anxiety that [pupils] may experience after some have been nearly a year off campus.
"Special secondary tutorial classes have also focused on preparing students for their return; going over new guidelines, expectations and daily schedules.”
