Lowest annual growth in retail sales recorded since 1996, says NS
20 Oct '05
3 min read
Sales volume for food stores increased by 1.4 per cent with non-food stores showing growth of 0.4 per cent. There was positive growth in all sectors except for non-store retailing which showed a decrease of 3.1 per cent, the lowest growth since May 2005.
The total volume of sales in September was 0.7 per cent higher than in September 2004. This was the lowest since January 1996.
For the three months to September the unadjusted value of retail sales was 0.2 per cent higher than in the same period a year earlier, lower than June's record of 0.3 per cent, the lowest growth since comparable records began.
Average weekly sales in September were £4.6 billion, 0.1 per cent lower than a year ago. The largest falls in sales values over the year were household goods stores and department stores at 6.2 per cent and 2.7 per cent respectively.
Sales values for food stores increased by 3.0 per cent over the year compared to a decrease of 1.9 per cent for non-food stores.