UK retail sales fall in September

UK retail sales fell again September, the second month in succession they have declined, official data has shown.

Sales last month were 0.2% lower than August, led by falls in clothing and car fuel sales, said the Office for National Statistics (ONS).

The ONS also revised down August's decline, saying sales that month slipped by 0.7% compared with its original calculation of 0.5%.

The data comes as a number of retailers have warned of weak trading conditions.

Three such warnings have come this week from Debenhams, Argos-owner Home Retail Group, and sportswear chain Sports Direct.

The ONS said that compared with the same month last year sales in September were 0.5% higher. However, this was below analysts' expectations of a 1% rise.

Posted by Đinh Quang Huy on Thursday, October 21, 2010. Filed under , , . You can follow any responses to this entry through the RSS 2.0. Feel free to leave a response

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