The latest retail sales statistics for October revealed slight growth – but this was seemingly just a bump in the night, according to one retail expert. Phil Mullis, Partner and Head of Retail and Wholesale at top-20 UK accountancy firm, Wilkins Kennedy, said: “Overall there is still a downward trend, despite a small increase in quantity bought. Prices are increasing due to the rise in inflation – and the full effects of this are possibly yet to take hold. Plus, we have marginal wage growth keeping disposable income spend down. It is likely that the small growth splurge was due to seasonal spends, and if so, it will be interesting to see how the figures hold up after Christmas. However, unless there is considerable wage growth, it is unlikely that any spend increases will be sustainable."