Jump to content
House Price Crash Forum
Sign in to follow this  
interestrateripoff

Uk Retail Sales Rise To Six-Month High

Recommended Posts

http://www.theguardian.com/business/2013/jul/29/uk-retail-sales-six-month-high

UK retail sales rose to a six-month high in July as department stores enjoyed the strongest trading in 30 years, the CBI reported on Monday.

Clothing and footwear sales increased at the fastest pace, helped by the warm weather and promotions, a survey of 60 retailers by the business group found.

"The UK's first heatwave in seven years boosted high street sales, as consumers stocked up on flip-flops and sunscreen. Even more reluctant shoppers were encouraged by sales and promotions," said Richard Lowe, head of retail and wholesale at Barclays.

Of the retailers surveyed, 43% said sales were higher in July compared with a year earlier, while 26% said they were lower. The resulting balance of +17% was the highest since January, and the first rise in five months.

Clearly the sun isn't too hot at the minute to dampen sales.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   224 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.