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No festive cheer for retailers as December rounds off the worst year for consumer spending since 2012
Headline findings:
- December household expenditure falls by -1%, following the -0.9% drop in November
- 2017 marks the first annual decline in consumer spending in five years, down -0.3% compared to 2016
- Spending at Food & Drink retailers edges up for first time in three months (+0.4%)
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