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Uk Retail Spending Jumps In September - Brc

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British retail spending rose rapidly last month, boosted by a holiday weekend and the Rugby World Cup falling in this year's September survey period, the British Retail Consortium said on Tuesday.

The BRC said the total value of retail sales between Aug. 30 and Oct. 3 was 3.9 percent higher than in the September period of 2014, the fastest increase since March and much bigger than the 0.1 percent gain recorded in August.

The BRC's figures are not seasonally adjusted, and September figures this year were boosted by back-to-school spending from the late August holiday weekend falling in the September survey period, as well as England hosting the Rugby World Cup.

BRC chief executive officer Helen Dickinson said the growth in sales was likely to be overstated given those factors, but the figures suggest British consumers are continuing to help the economy through a period of weaker growth abroad.

Great news....

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So we should have more sporting events and more bank holidays! That's the miracle economic answer.

We should have sporting events at late at night once the days are filled up.

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I saw a headline yesterday about the rain causing a sales slump, maybe in car sales ?

F**king hilarious.

let 10 million people into the country...give them printed money and see the figures rise.

We have a thriving eCONomy.

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"retail sales between Aug. 30 and Oct. 3"

Would imagine adding an extra five days to September would've helped the figures also...

Dont worry, they'll revise that next money.


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