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UK’s retail sales rise in Nov

by ChemOrbis Editorial Team - content@chemorbis.com
  • 16/12/2016 (15:36)
According to data released by UK’s Office for National Statistics (ONS), UK’s retail sales continued to grow in November by 0.2% on a monthly basis and by 5.9% year on year with the largest contribution from non-store retail. The country’s retail sales were also up by 2.1% on a quarterly basis, posting a quarterly growth for the 35th quarter in a row, the data showed.

The data also showed that average prices in stores were up by 0.1% year on year with the largest contribution from petrol stations. This was also the first increase on a yearly basis since June 2004.

The total amount spent in the retail industry rose by 0.5% month on month and by 5.9% year on year. Meanwhile, the amount spent on online purchasing also grew by 3% from October and by 24.9% from the same period of 2015.
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