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Sales Growth at UK Stores Slows to a Crawl

News, 20 December 2002

Christmas shopping by British consumers started sluggishly, with retail sales rising only marginally in November according to the Office for National Statistics.

Last month’s sales increased 0.1% compared with the previous month, up 4% year-on-year. Moreover, the increase was largely fuelled by food purchases. Clothing and footwear sales grew only 3.9% compared with November 2001, the slowest rate for three years.

Although these figures were lower than expected, analysts emphasised that consumer spending remains relatively strong.

Data sourced from: BBC Online Business News (UK); additional content by WARC staff