RSS   Newsletter   Contact   Advertise with us
Post Online Media

Retail sales rocket in UK, ONS finds

Retail sales rocket
Britain   The volume of retail sales in October rose 7.4%

UK retail sales in October rose by the most in 14 years, official figures released on Thursday showed, as cooler weather helped drive winter clothing sales and grocers enjoyed a thrilling Halloween.




The volume of retail sales in October rose 7.4% over the same period last year, the Office for National Statistics said, up from the revised 4.2% gain the month before and beating of the 5.3% consensus forecast.

Month-on-month, sales in October increased 1.9% on September's, well ahead of the 0.4% expected and up from the 0.1% a month ago.

Gains were made by all store types, except department stores, the ONS said, with the largest contribution to growth coming from textiles, clothing and footwear stores.

Excluding car sales, retail sales were up 7.6% on last year and 2.0% on the previous month.

 
 
 

POST Online Media does not use cookies to collect information about visitors.   OK, hide this message   Third party ads may be using cookies, you can see how here.