
Britain\'s retail sales volumes increased 2.1 percent year on year in August, but dropped 0.9 percent on monthly bases following a strong growth of 1.1 percent in July, said the Office for National Statistics (ONS) on Thursday. The ONS said the main source to drive up the year-on-year growth in the retail sales in August came from the non-store retailing sector, which includes online sales, and sales through mail order, or via stalls and markets. According to the ONS figures, average weekly spending online in August 2013 was 579.6 million pounds (927 million U.S. dollars), an increase of 22.5 percent compared with the same period of last year. The amount spent online accounted for 9.7 percent of all retail spending excluding automotive fuel, said the ONS. However, the ONS attributed the exception year-on-year growth in August to the unusual low retail sales, which were hit by the Olympics and Paralympics as consumers watched the various sports games at the time. A new report issued by the British Retail Consortium (BRC) also showed a drop of 0.9 percent in footfall in shops in August compared with last year, which is the lowest footfall rate since March 2013, but BRC was still optimistic about the outlook. \"A slight fall in shopper numbers is disappointing after several months of positive results, but there are a few factors at play,\" said BRC general Helen Dickinson. \"A small dip in one month shouldn\'t take the shine off the tentative signs of improving consumer confidence hinted at in recent times, and retailers are working hard to read these conditions so that they can continue to deliver for their customers,\" said Dickinson. British retail sector generates 5 percent of the GDP in Britain, with sales exceeding 311 billion pounds in 2012.
GMT 12:01 2018 Tuesday ,23 January
Bahrain Bourse daily trading performanceGMT 19:16 2018 Monday ,22 January
TRA responds to hoax Dh5,000 VPN fine SMSGMT 13:09 2018 Sunday ,21 January
Bahrain Bourse daily trading performanceGMT 13:50 2018 Friday ,19 January
US SEC says bitcoin funds raise ‘investor protection issues’GMT 06:50 2018 Friday ,19 January
European stocks mostly advance on bright global outlookGMT 09:12 2018 Thursday ,18 January
European stock markets join global downtrendGMT 17:06 2018 Wednesday ,17 January
China temporarily waives taxes to get foreign firms to stayGMT 17:01 2018 Wednesday ,17 January
JPMorgan Chase earnings drop on weak trading, tax items

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor