Retail Sales In Britain Declined For The First Time Since Easter Last Year.
According to a report of < a href= "http://www.91se91.com/news/index_c.asp" > British Retail Association < /a >, P retail sales in March hit the biggest decline in nearly 11 months, mainly due to Easter coming late this year.
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< p > trade group insists that the basic sales trend of retail industry is hopeful and the data in April will be reflected.
Because this year's Easter is in April, consumers will buy a lot of products such as "a href=" http://www.91se91.com/news/index_c.asp "Easter" /a ", such as some children's clothes or furniture, which will stimulate the growth of retail sales.
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< p > retail sales in March decreased by 1.7% compared with the same period last year.
Because last March coincided with Easter, retailers made a lot of profits.
This year March is the biggest month of sales decline since last April.
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< p > KPMG is responsible for the survey. According to the sales monitoring data of the British Retail Association, Easter delay has caused the most serious damage to the food industry, compared with the same period last year, from January to March this year, the sales volume of the food industry dropped by 2.7%.
In addition, the household products industry was also affected by the delay in the vacation time.
But the clothing industry is relatively better.
It is just the spring and summer communication, mild climate, so < a href= "http://www.91se91.com/news/index_c.asp" > clothing industry < /a > sales increased by a record.
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< p > the author of the report says that when Easter comes in April, the retail sales situation in the UK can be clearly seen.
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< p > Helen Dickinson, director general of the British Retail Association, said: "considering that Easter is so late this year, sales figures are better than expected." Helen Dickinson said.
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< p > the recent findings of the British Union's retail survey are in line with the report of the British Retailers Association.
The survey released last month also pointed out that retail sales in the UK were slow to grow in March, but retailers are expected to improve in April.
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David Makokdale McCorquodale, co-author of the P report and director of KPMG retail, said that excluding the Easter factor, the overall sales outlook was encouraging. The average sales growth rate in the first three months was 2.1%, which was only 2.4% lower than that in December.
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"P," he added, "however, we should pay attention to the retail industry.
For example, sales in the food industry declined this month compared with the same period last year.
At the same time, in the price war of one billion pounds, the decision of the main retailers will aggravate the existing situation.
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At the same time, U.S. official data on Monday showed that its retail sales in March reached the highest level in nearly 18 months, an increase of 1.1 percentage points over February.
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