UK retail sales bounce back in October

19 Nov 2009

1

Retail sales in the UK in October rose at the fastest annual pace since May 2008, driven largely by increased sales in textile, clothing and footwear, according to government data.

Data provided by the Office of National Statistics (ONS) today showed a 3.4 per cent rise in year-on-year volume of retail sales in October 2009, compared to October 2008.

Predominantly, food store sales increased 1.6 per cent, compared to the same period a year ago, while non-food sales increased by 3.5 per cent.

Within non-food stores, all sectors showed growth apart from other stores, which decreased by 4.7 per cent. The largest rise was in textile, clothing and footwear stores, at 10.7 per cent. Non-store retailing and repair increased 15.8 per cent, said ONS.

The ONS said those sales were driven by people who had ordered Christmas shopping early, fearing a postal strike in the UK, which could delay deliveries.

The largest increase was in household goods stores, at 3.3 per cent, driven by electrical stores. Non-store retailing and repair, which increased by 7.8 per cent.

Latest articles

The silicon-rich AI race: how Cisco’s G300 puts networking at the center of compute

The silicon-rich AI race: how Cisco’s G300 puts networking at the center of compute

Silver jumps nearly Rs 7,000/kg; gold rises Rs 1,600 as weak US retail data boosts rate-cut bets

Silver jumps nearly Rs 7,000/kg; gold rises Rs 1,600 as weak US retail data boosts rate-cut bets

Goldman Sachs doubles down on India, climbs Wall Street rankings in crowded deal market

Goldman Sachs doubles down on India, climbs Wall Street rankings in crowded deal market

Rahul Gandhi criticises India–US trade deal as tariffs on Indian goods rise to 18%

Rahul Gandhi criticises India–US trade deal as tariffs on Indian goods rise to 18%

MPS Board Member and Senior Treasury Official Resigns Amid Insider Trading Probe

MPS Board Member and Senior Treasury Official Resigns Amid Insider Trading Probe

Eutelsat Secures €1 Billion Financing for OneWeb Satellite Procurement

Eutelsat Secures €1 Billion Financing for OneWeb Satellite Procurement

Tencent, Tesla Team Up on WeChat-Linked In-Car Features in China

Tencent, Tesla Team Up on WeChat-Linked In-Car Features in China

Australia presses Roblox over child safety concerns, regulator signals possible fines

Australia presses Roblox over child safety concerns, regulator signals possible fines

Cisco Unveils AI Networking Chip to Strengthen Position in Data Centre Boom

Cisco Unveils AI Networking Chip to Strengthen Position in Data Centre Boom