AUGUST TRADE NEWS

 

 

 

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13th August 2009

Retail sales on the increase

July was a relatively strong month in terms of retail sales, new figures released this week have indicated.

The British Retail Consortium (BRC)-KPMG Sales Monitor shows that retail sales values rose by 1.8 per cent on a like-for-like basis and 3.6 per cent on a total basis from July 2008.

Despite the fact that the figures indicate July 2009 has been stronger than both June of this year and July of last, the BRC insists that owing to "changeable" weather in the summer of 2008, these figures must not be over-analysed.

The BRC said: "This July was slightly stronger than June, but the growth was against a weaker July 2008."

Non-food non-store sales - internet, mail-order and phone sales - were up by 20 per cent year-on-year.

It has been suggested by the BRC that this significant rise has predominantly been a result of widespread clearance sales.

(c) 2009

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