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Retail sales up 0.3pc

first_img whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Retail sales rose at a slightly weaker than expected pace in November but the previous month’s growth was revised up, leaving the broad picture unchanged from analysts’ forecasts.The Office for National Statistics said sales volumes including automotive fuel rose 0.3 per cent last month and by an upwardly revised 0.7 per cent in October. Analysts had forecast a rise of 0.4 per cent on the year for an annual rise of 0.7 per cent.The figures highlighted growing price pressures, particularly for clothing and footwear which may dismay policymakers worried about a combination of slow growth and rising inflation.The textile, clothing and footwear deflator stood at 2.5 per cent, the highest since the series began in 1988. It said that retailers claimed they had been absorbing higher cotton prices but the figures suggested otherwise.The ONS said sales growth on the month was driven by the other stores category with sales of toys, sporting goods, watches and jewellery all up. Households goods sales fell sharply.Internet sales accounted for 10.5 per cent of all sales, the highest proportion on record and versus 7.9 per cent a year ago. The ONS said there was anecdotal evidence that shoppers were browsing for goods in stores before purchasing on the internet. John Dunne whatsapp Thursday 16 December 2010 5:21 am Retail sales up 0.3pc center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todaymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Share Show Comments ▼ Tags: NULLlast_img read more