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12/18/2020, 8:00 AM (Source: TeleTrader)
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UK retail sales drop 3.8% in November

The quantity of goods bought in retail sales in the United Kingdom in October decreased 3.8% compared to the previous month, mainly due to the resurgence of the coronavirus, the Office for National Statistics reported on Friday. Versus to the same month the prior year, sales were up 2.4%.

Clothing stores saw a sharp decline in sale volumes when compared with the previous month, at negative 19.0%, as did fuel sales, which fell by 16.6%. Food stores and household goods stores were the only two sectors to show growth in monthly volume of sales, growing 3.1% and 1.6% respectively.

Online retailing accounted for 31.4% of total retailing compared with 28.6% in last month, with an overall growth of 74.7% in the value of sales per annum.

Baha Breaking News (BBN) / MD