17/12/2009
Retail Sales 'Gloomy' During November
If sales figures continue at the same level as last month, then British retailers may not have a very Happy Christmas.
UK shop sales fell unexpectedly in November by 0.3%, dropping at their fastest pace since May, which means that shoppers spent less in high street stores than last month.
Analysts had expected sales to rise slightly last month after industry surveys pointed to a better performance in November.
However, a record drop in department store sales and poor performance by clothing and shoe shops were responsible for declining sales volumes, according to the latest figures of Office for National Statistics.
A shopping rush as the days count down to Christmas may however reverse the trend, with many UK stores hoping that will be their big present this festive season.
(BMcC/KMcA)
UK shop sales fell unexpectedly in November by 0.3%, dropping at their fastest pace since May, which means that shoppers spent less in high street stores than last month.
Analysts had expected sales to rise slightly last month after industry surveys pointed to a better performance in November.
However, a record drop in department store sales and poor performance by clothing and shoe shops were responsible for declining sales volumes, according to the latest figures of Office for National Statistics.
A shopping rush as the days count down to Christmas may however reverse the trend, with many UK stores hoping that will be their big present this festive season.
(BMcC/KMcA)
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The latest results for the Retail Sales Index indicate that underlying retail sales growth has partially recovered from a marked slowdown in late summer. The seasonal impact in November from Christmas shopping is in line with that of recent years with the unadjusted sales value picking up to reach £21.1bn.
Retail sales recover from late summer blues
The latest results for the Retail Sales Index indicate that underlying retail sales growth has partially recovered from a marked slowdown in late summer. The seasonal impact in November from Christmas shopping is in line with that of recent years with the unadjusted sales value picking up to reach £21.1bn.
25 March 2010
UK Retail Sales Jump
Retail sales between January and February grew by 2.1%, it was revealed today. It was the most significant upward trajectory since May 2008, when sales volume leaped by 2.9%. However, the Office of National Statistics said January data has been revised down, mainly due to late returns and revisions to existing data.
UK Retail Sales Jump
Retail sales between January and February grew by 2.1%, it was revealed today. It was the most significant upward trajectory since May 2008, when sales volume leaped by 2.9%. However, the Office of National Statistics said January data has been revised down, mainly due to late returns and revisions to existing data.
16 June 2005
ONS reports retail sales ‘restrained’
The latest three-monthly growth in retail sales volume was the highest since November 2004, the Office of National Statistics has reported. However, the report warned that the underlying trend appeared “restrained” and annual growth in sales volume fell to the lowest level for six years.
ONS reports retail sales ‘restrained’
The latest three-monthly growth in retail sales volume was the highest since November 2004, the Office of National Statistics has reported. However, the report warned that the underlying trend appeared “restrained” and annual growth in sales volume fell to the lowest level for six years.
21 January 2005
Christmas sales figures 'unusually low' say ONS
UK retail sales in the UK were described as "unusually low", according to the latest Retail Sales Index (RSI) figures from the Office of National Statistics. The volume of retail sales in the three months between October to December was only 0.3% higher than in the previous three months.
Christmas sales figures 'unusually low' say ONS
UK retail sales in the UK were described as "unusually low", according to the latest Retail Sales Index (RSI) figures from the Office of National Statistics. The volume of retail sales in the three months between October to December was only 0.3% higher than in the previous three months.
19 February 2004
Strong retail sales growth stokes interest rate hike
The strong surge in retail sales revealed in the latest figures from the Office of National Statistics (ONS) has fuelled speculation that another interest rate rise is imminent. According to the ONS figures retail sales in the UK leapt 0.6% in January, raising sales to 6.4% above that of the previous year.
Strong retail sales growth stokes interest rate hike
The strong surge in retail sales revealed in the latest figures from the Office of National Statistics (ONS) has fuelled speculation that another interest rate rise is imminent. According to the ONS figures retail sales in the UK leapt 0.6% in January, raising sales to 6.4% above that of the previous year.
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