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Retail sales rise 6.6%
UK retail sales increased 6.6% in March compared to the same month last year, according to data released by the British Retail Consortium (BRC).
The BRC's survey covered the period from 28 February to 3 April, and thus included Good Friday and Easter Saturday of the Easter weekend unlike the survey for March carried out in 2009.
The inclusion of Easter meant that food and drink sales showed strong growth. However, clothing and footwear sales slowed because of the colder weather in March compared with a year ago.
"The timing of the majority of Easter spending, falling into the March 2010 period but in April last year, has boosted this month's figures and makes year-on-year comparisons difficult," said Helen Dickinson, head of retail at KPMG, which produces the figures with the BRC.
"Without this uplift a gloomier picture would have emerged - concern about the future continues to weigh on consumers' minds and the outlook for spending remains uncertain."
Post Date: April 13th, 2010
The BRC's survey covered the period from 28 February to 3 April, and thus included Good Friday and Easter Saturday of the Easter weekend unlike the survey for March carried out in 2009.
The inclusion of Easter meant that food and drink sales showed strong growth. However, clothing and footwear sales slowed because of the colder weather in March compared with a year ago.
"The timing of the majority of Easter spending, falling into the March 2010 period but in April last year, has boosted this month's figures and makes year-on-year comparisons difficult," said Helen Dickinson, head of retail at KPMG, which produces the figures with the BRC.
"Without this uplift a gloomier picture would have emerged - concern about the future continues to weigh on consumers' minds and the outlook for spending remains uncertain."
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Post Date: April 13th, 2010
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