Economy
Footfall recovers in August despite cost of living crisis
The rise in temperatures to record levels during the middle of the month only had a ‘localised and short-lived’ impact on footfall; the week on week change in high street footfall in the middle of the month averaged -3.8% versus an average increase of +2.6% over the first and last weeks.
Footfall has strengthened across UK retail destinations in August 2022 to -13.2% below 2019 compared with -14.2% in July 2022, after it had weakened from -12.3% in June 2022, according to Springboard’s Footfall Monitor.
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