Friday, January 18, 2013

UK retail sales fell in December

11:02 PM | Posted by Free Game Zone | | Edit Post

Volume of sales highlights difficult profession has witnessed administrators through Jessops, HMV and Blockbuster

fears that Britain is headed by triple dip intensified Friday amid news of a poor Christmas for retailers and concerns that cause snowfall in closing economic future date.

City

analysts pencil in a small decrease in domestic production for the last quarter of 2012, after the publication of official data show that the volume of retail sales decreased by 0.1% between November and December and 0.6% between the third and fourth quarters of 2012.

But there was also speculation that the arctic weather gripping much of the United Kingdom would lead to a repetition of the factories have closed and empty shopping malls in the end of 2010, which contributed to a temporary decrease in activity.

"Given the ability of the UK to stop, even with a snowflake came at a very fragile UK economy, adding to the headwinds that are already struggling against it as try to avoid triple dip recession, "said Howard Archer of IHS Global Insight." Over and snow conditions last glaciation, more disruption of economic activity, and the risk that the first quarter of 2013 contraction GDP observed after a renovated bathroom in the room probably modest quarter of 2012. "

two consecutive quarters of decline in GDP would be needed for a triple dip unprecedented, but the city has been placed on alert following data published by the National Bureau of Statistics show a poor commercial performance of retailers in the most commercial of the year.
  • Most "We are looking for a decline of -0.4% of GDP, while the four quarter 2012 figures are published next week:
  • Nick Parsons, head of strategy at National Australia Bank, said the first threat. quarter of 2013 and the possibility of a triple dip would be for a decent picture of snow to the UK economy at a standstill. This is exactly what we have. "
  • The fall seasonally adjusted in the main street and retail business online in November following a plan and highlighted the difficult market conditions that the directors have called Jessops, HMV and Blockbuster in the last 10 days. Supermarkets, department stores and shops selling household goods all fought, but discount stores appeared to help apparel and footwear.
While some stores reported a last minute rush just before Christmas, the data suggest ONS struggling consumers keep a tight rein on spending. The figures, which cover the period until December 29, the show boost spending planned for London Olympics was short-lived, with activity in December just over a year earlier and only 1.2 % more higher than when the recession was at its peak in 2009.

only strong gasoline sales due to lower gasoline prices prevented a larger monthly decline, the ONS said. Excluding fuel, there was a reduction of 0.3% of retail sales in December.



The ONS said that online purchases made by an increasing proportion of retail sales, with more than 10% of total consumers who use the Internet, an increase of 1, 2 points percent in December 2011.
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