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    UK Retail Sales Unexpectedly Grew In 7-9 Months, But Clothing Fell Sharply.

    2011/10/19 14:34:00 21

    UK Retail Sales Growth

    According to the British Retail Consortium (BRC) data, the retail industry in September Sales volume Compared with the same period last year, it grew by 0.3%, and sales in 7-9 months also increased by 0.1%.


    Total sales volume (including merchant expansion store) increased by 2.5% and 2.2% respectively in September and 7-9, while the total sales data improved, but the president of the association, Stephen Robertson, is still not optimistic about the prospects.


    According to Robertson, the slight improvement in retail performance is positive news in the current downturn, but consumer spending growth is lower than inflation rate, indicating that consumer spending is less than the same period last year, so there is no guarantee that the growth of next month's data will be positive. The rise in food prices is the main reason for the rise in food retail sales. In 7-9, food sales rose 2.1%, and total food sales rose by 5.1%.


    This is because the rising temperature in the late September has resulted in the growth of food and beverage sales, but clothing sales have been greatly reduced due to the excessive weather. decline 。


    Due to the temporary effects of the weather Retail Although performance has increased, consumer behavior has not changed substantially.


    According to the Nielsen report of the consumer market company, consumers are turning to goods that are cheap but Wuming because of the economic downturn. Of the 51 consumers surveyed, 36% said they would buy large packaged economy products, plus the rising prices of commodities and raw materials. trend It will last for a long time.
     

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