23/07/2009
Hot Weather Boosts High Street Sales
Sales in the high street have risen by 1.2% in June as the hot weather has boosted demand for summer clothes, official figures have today revealed.
British retail sales jumped at three times the rate analysts expected last month with clothing selling particularly well, the Office for National Statistics (ONS) figures revealed.
The largest increase recorded came from clothing and footwear stores - up over 4.7% over the month.
Meanwhile, the largest decrease was in household goods stores at 6.2%, which now has 12 consecutive periods of negative growth.
Alan Clarke, UK economist at BNP Paribas, said: "It is worth keeping this release in context. Last month sales fell by almost one per cent.
"This month sales have risen by just over one per cent. Take the two together and sales growth on average over the last two months was 0.15 per cent. Not bad but not brilliant either and a large part of the strength was discounting and the weather."
Economic growth figures due on Friday are expected to show that the economy shrank by about 0.4% between April and June, compared with a 2.4% contraction in the first three months of the year.
The figures released today give weight to the view that the worst of the recession in the UK may be over.
However, analysts have argued that although the ONS’s figures are upbeat, it is still too soon to call a turnaround in the economy.
(JM/BMcC)
British retail sales jumped at three times the rate analysts expected last month with clothing selling particularly well, the Office for National Statistics (ONS) figures revealed.
The largest increase recorded came from clothing and footwear stores - up over 4.7% over the month.
Meanwhile, the largest decrease was in household goods stores at 6.2%, which now has 12 consecutive periods of negative growth.
Alan Clarke, UK economist at BNP Paribas, said: "It is worth keeping this release in context. Last month sales fell by almost one per cent.
"This month sales have risen by just over one per cent. Take the two together and sales growth on average over the last two months was 0.15 per cent. Not bad but not brilliant either and a large part of the strength was discounting and the weather."
Economic growth figures due on Friday are expected to show that the economy shrank by about 0.4% between April and June, compared with a 2.4% contraction in the first three months of the year.
The figures released today give weight to the view that the worst of the recession in the UK may be over.
However, analysts have argued that although the ONS’s figures are upbeat, it is still too soon to call a turnaround in the economy.
(JM/BMcC)
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18 July 2013
UK Retail Sales Rise In June
New figures from the Office for National Statistics (ONS) have shown that retail sales rose by 0.2% in the UK in June. When compared to the same month last year, it is an increase of 2.2%, according to the ONS. The increase in June has been described as "modest" compared to the 2.
UK Retail Sales Rise In June
New figures from the Office for National Statistics (ONS) have shown that retail sales rose by 0.2% in the UK in June. When compared to the same month last year, it is an increase of 2.2%, according to the ONS. The increase in June has been described as "modest" compared to the 2.
17 December 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.
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.
18 November 2004
Figures show slide in retail sales growth
Underlying retail sales growth is distinctly lower than in the first half of this year, according to figures published today by the Office for National Statistics (ONS). The latest retail sales survey for October 2004 found that the volume of sales in the three months August to October was 1.
Figures show slide in retail sales growth
Underlying retail sales growth is distinctly lower than in the first half of this year, according to figures published today by the Office for National Statistics (ONS). The latest retail sales survey for October 2004 found that the volume of sales in the three months August to October was 1.
04 September 2009
Scrappage Scheme Boosts Car Sales
The government's car scrappage scheme has pushed up UK car sales by 6% from a year ago, according to the latest industry figures. The Society of Motor Manufacturers and Traders' statistics show a total of 67,006 cars were sold in August, the second consecutive month of growth.
Scrappage Scheme Boosts Car Sales
The government's car scrappage scheme has pushed up UK car sales by 6% from a year ago, according to the latest industry figures. The Society of Motor Manufacturers and Traders' statistics show a total of 67,006 cars were sold in August, the second consecutive month of growth.
04 June 2003
CBI survey reveals slowdown in retail sales
Trading conditions on UK high streets have improved but retail sales growth was modest compared with last year, according to the CBI's latest Quarterly Distributive Trades survey.
CBI survey reveals slowdown in retail sales
Trading conditions on UK high streets have improved but retail sales growth was modest compared with last year, according to the CBI's latest Quarterly Distributive Trades survey.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
