Retail sales growth exceeds expectations on back of Black Friday retail Retail sales grew stronger than expected last month as shoppers snapped up Black Friday bargains and bought Christmas presents, according to official figures. The Office for National Statistics (ONS) revealed that retail sales volumes increased by 1.3 per cent in November. It was ahead of the predictions of economists, who had forecast 0.4 per cent [...]
Retail sales show signs of recovery after summer washout Retail Retail sales volumes rose by 0.4 per cent in August 2023, partially recovering from a fall of 1.1 per cent in July 2023, new government figures show. Non-food stores sales volumes grew by 0.6 per cent in August 2023, following a fall of 1.2 per cent in July 2023 when unseasonable rainy weather drove shoppers [...]
Retail sales stagnant in March despite improving prospects for UK economy Retail A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.
Retail sales fall to lowest level in two years as inflation bites November 17, 2023 Retail sales volumes have fallen for the second month in a row — slumping to their lowest level since 2021— as consumers continued to feel the impact of inflation, Office for National Statistics (ONS) data showed. Sales volumes fell 0.3 per cent month-on-month in October and 2.7 per cent year-on-year. However, consumers are spending more. [...]
Retail sales lay limp in September as Indian summer rocks sector October 10, 2023 UK total retail sales continued to limp along in September with growth up just 2.7 per cent against a figure of 2.2 per cent for September last year as an Indian summer and cost of living pressures walloped the sector. Non-food sales declined 1.2 per cent on a total basis over the three months to [...]
Retail sales flat as rainy February puts shoppers off the high street March 22, 2024 The figures were actually slightly stronger than expected by analysts, who predicted a 0.4 per cent fall.
UK economy: Retail sales crash as cost of living crunch continues to bite October 20, 2023 In an ominous sign for the UK economy, retail spending fell in September with analysts warning of a tough Christmas ahead
Retail sales dip again in September but signs of optimism emerge as inflation eases September 25, 2023 This was down on last month's predictions for September, which showed a balance of -21 per cent, and last month's recorded fall of -44 per cent.
Strong January retail sales raise hopes UK already ‘moving out of recession’ February 16, 2024 Retail sales rebounded much more than expected in January, following a poor Christmas period, raising hopes that the UK economy will be able to escape recession within a matter of months. Figures from the Office for National Statistics (ONS) showed that sales volumes were up 3.4 per cent in January, compared to the 1.5 per [...]
Pets at Home issues profit warning after retail sales fail to grow as predicted January 30, 2024 Pets at Home has warned its profits will not be as high as previously forecast after its retail sales faulted.