Wednesday, September 26, 2012

UK retail sales report september 26 2012

UK retail sales outlook report september 26 2012 : Confederation of British Industry Retail Survey (10:00 GMT) The number of retailers reporting an increase in sales volumes is expected to rise on a year-on-year basis in September, compared to August's flat sales growth.
During the first two weeks of August, 27% of retailers reported an increase in their volume of sales compared to a year ago, while 31% said they had seen a fall in volumes.

 This was in line with estimates from the Office of National Statistics, which showed retail sales contracting by 0.2% on the back of poor high street sales during the Olympics. With the games now behind us and the school season upon us here in Britain, we are expected to see a significant rebound.

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