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UK retail sales up 0.3% in November | UK retail sales up 0.3% in November |
(35 minutes later) | |
UK retail sales rose last month, official figures show, as the colder weather boosted sales of warm clothing. | |
The Office for National Statistics (ONS) said sales rose by 0.3% in November from the month before, and were up 2% from a year earlier. | |
The increase was driven by a 3.8% rise in sales of shoes, clothes and textiles. | |
Online sales hit a record, the ONS said, reaching 11.9% of total sales when spending on fuel is excluded. | |
However, sales in department stores fell by 3.1% in the month. | |
Retailing is seen as a key indicator of consumer confidence, as when people are spending money in the shops, it is generally held the economy must be doing better. | |
'Decent increase' | 'Decent increase' |
The British Retail Consortium said sales in November had been slow at first, but then picked up as the colder weather sparked an increase in the sales of winter clothing. | The British Retail Consortium said sales in November had been slow at first, but then picked up as the colder weather sparked an increase in the sales of winter clothing. |
David Tinsley, UK economist at BNP Paribas, said the ONS figures were in line with expectations and showed a "decent monthly increase". | David Tinsley, UK economist at BNP Paribas, said the ONS figures were in line with expectations and showed a "decent monthly increase". |
"Over the fourth quarter as a whole the pace of retail sales has dipped, but this may reflect a pause rather than a downtrend," he said. | |
"A softer retail picture may help assuage some fears that growth is currently just being driven by consumer spending." |