Tuesday, 12 January 2010

December Sales Higher Than Expected

December retail sales rose 4.2% on a like-for-like basis compared with December 2008 when the financial crisis had a negative effect on consumer confidence. Sales also rose by 6% on a total basis as against 1.4% last year.

Food sales were their strongest since July due partly to food price inflation. Non-food stores were 26.5% higher than last year with 16.9% in November. Online sales may have been helped by bad weather preventing people getting out.

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