Showing posts with label FOODS. Show all posts
Showing posts with label FOODS. Show all posts

Friday, June 19, 2015

Economists Expected Retail Sales Growth Slowed in May

The Office for National Statistics said clothing sales were 1.6% down on April's level, the biggest fall since September 2014. The fall included a drop in internet clothing sales.
Economists had expected retail sales to be flat in May after sales in April were boosted by unusually warm weather.
By contrast, May was cooler than normal.

 London shoppers
Food stores had a good month, with volumes up 0.6%, the biggest increase since December. Household goods stores and petrol stations also saw growth.
Some economists have predicted that UK consumer spending could be on track for a strong year as low inflation and rising wages give households more disposable income.

'Survival mode'

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