British retailers saw sales growth slow last month despite being boosted by strong demand from shoppers for new tech, according to official figures. Technology and telecommunication retailers saw sales surge by more than a third as they were buoyed by new product launches, including Apple’s new iPhone 16.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.
00:06Some major economic news this morning about the state of retailing in the UK.
00:12Retailers saw sales growth slow last month despite being boosted by strong demand from shoppers for new technology.
00:20Technology and telecommunications retailers saw sales surge by more than a third
00:26as they were boosted by new launches including Apple's new iPhone 16.
00:32Total retail sales volumes rose by 0.3% in September.
00:37It comes after retailers witnessed 1% growth in the previous month.
00:43However, the latest figures were stronger than expected
00:46with the consensus of economists predicting a marginal fall for September.
00:52It's an update this morning which shows that British retailers saw sales growth slow last month despite strong demand for new technology.
01:00My name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.