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PRIVACY
Retail & Consumer

Welsh retail footfall still below pre-pandemic levels as rising inflation knocks consumer confidence

The Welsh Retail Consortium has said the government needs to address the huge challenge facing the retail industry

Footfall in Cardiff decreased by 15.5% (Image: WalesOnline/ Rob Browne)

Welsh retail footfall is still well below pre-pandemic levels as rising inflation and energy bills continues to knock consumer confidence, according to new research from the Welsh Retail Consortium.

Figures from last month show that footfall decreased by 15.8%, compared to a year-on-three-year (Yo3Y) comparison of July 2019.

Of the nations and regions of the º£½ÇÊÓÆµ, the decline was only greater in London and Scotland both recording a decrease in footfall of minus 16.5%.

Read more: Shop vacancies in Wales fall but still amongst the highest in Britain

The shallowest decline on three years pre-pandemic was in north west England at minus 9.6%. The º£½ÇÊÓÆµ average decline was 14.2% (Yo3Y) and for England 14%.

GROWTH RANK

NATION AND REGION

% GROWTH Yo3Y

1

North West England

-9.6%

2

West Midlands

-12.1%

3

Northern Ireland

-12.3%

4

South West England

-13.6%

5

Yorkshire and the Humber

-13.8%

6

England

-14.0%

7

South East England

-14.2%

8

East of England

-14.3%

9

North East England

-14.6%

10

East Midlands

-15.4%

11

Wales

-15.8%

12

London

-16.5%

13

Scotland

-16.5%

The position in Wales in July was 3.1 percentage points worse than June and the worst figures recorded since March.

Shopping Centre footfall declined by 35.1% in July (Yo3Y) in Wales, worse than the decline of 28.9% in June.

Footfall in Cardiff decreased by 15.5% (Yo3Y), 0.4 percentage points better than June.