We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Surprisingly low retail gross sales in key Christmas buying month – ONS
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Business > Surprisingly low retail gross sales in key Christmas buying month – ONS
Business

Surprisingly low retail gross sales in key Christmas buying month – ONS

By Editorial Board Published December 20, 2024 3 Min Read
Share
Surprisingly low retail gross sales in key Christmas buying month – ONS

The UK’s retail gross sales restoration was smaller than anticipated in the important thing Christmas buying month of November, official figures present.

Retail gross sales rose simply 0.2% final month regardless of discounting occasions within the run-up to Black Friday. It adopted a 0.7% fall seen in October, in keeping with information from the Workplace for Nationwide Statistics (ONS).

Gross sales progress of 0.5% had been forecast by economists.

Cash weblog: 9 million properties may overpay power payments in the event that they miss deadline

Behind the autumn was a steep drop in clothes gross sales, which fell 2.6% to the bottom degree for the reason that COVID lockdown month of January 2022.

Gross sales have nonetheless not recovered to ranges earlier than the pandemic. In contrast with February 2020, volumes are down 1.6%.

It was financial moderately than climate components behind this as retailers informed the ONS they confronted robust buying and selling circumstances.

Please use Chrome browser for a extra accessible video participant

2:37

Christmas costlier this yr?

For the primary time in three months, nevertheless, there was a lift in meals retailer gross sales, and supermarkets specifically. It was additionally a very good month for family items retailers, most notably furnishings outlets, the ONS stated.

Garments grew to become costlier in November, information from earlier this week demonstrated, and it was these worth rises that contributed to general inflation rising once more – topping 2.6%.

Retail gross sales figures are of significance as the info measures family consumption, the most important expenditure throughout the UK economic system.

The information also can assist monitor how customers really feel about their funds and the economic system extra broadly.

Trade physique the British Retail Consortium (BRC) stated increased power payments and low shopper sentiment impacted spending.

The BRC’s director of perception Kris Hamer stated it was a “shaky” begin to the festive season.

Buyers have been holding off on purchases till full Black Friday presents kicked in, he added.

The interval in query covers discounting coming as much as Black Friday however not the precise Friday itself because the ONS examined the 4 weeks from 27 October to 23 November.

TAGGED:ChristmaskeymonthONSretailsalesShoppingSurprisingly
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Why are abuse survivors dropping religion within the grooming gang inquiry?

Why are abuse survivors dropping religion within the grooming gang inquiry?

Politics
October 22, 2025
Dodgers’ Justin Dean has not batted but within the playoffs. Here is how he nonetheless contributes

Dodgers’ Justin Dean has not batted but within the playoffs. Here is how he nonetheless contributes

Seems Shohei Ohtani isn’t the one Dodger who has been making historical past this postseason.…

October 22, 2025
Photographs fired exterior Serbian parliament as hearth breaks out

Photographs fired exterior Serbian parliament as hearth breaks out

Photographs have been fired exterior Serbia's parliament constructing, leaving one particular person injured, in accordance…

October 22, 2025
Scottish and UK governments locked in dispute over £26m price of Donald Trump and JD Vance visits

Scottish and UK governments locked in dispute over £26m price of Donald Trump and JD Vance visits

The Scottish and UK governments are locked in a dispute over who ought to foot…

October 22, 2025
Coach-of-the-year candidates in highschool soccer maintain increasing

Coach-of-the-year candidates in highschool soccer maintain increasing

With two weeks left within the common season for highschool soccer, it’s develop into clear…

October 22, 2025

YOU MAY ALSO LIKE

Cyber assault on Jaguar Land Rover ‘essentially the most financially damaging’ in UK historical past

The cyber assault on Jaguar Land Rover is believed to have been the "most "financially damaging" at an estimated price…

Business
October 22, 2025

Cinven plots bid for funeral supplier Pure Cremation

Cinven, the non-public fairness agency, is plotting a takeover of certainly one of Britain's largest funeral suppliers in a deal…

Business
October 22, 2025

Inflation: Price of dwelling challenges require daring choices

Treasury steering on Tuesday afternoon that Rachel Reeves has prioritised easing the price of dwelling needed to be seen within…

Business
October 22, 2025

Inflation static at 3.8% as easing meals costs assist tame peak

The speed of inflation remained static in September, in accordance with official figures, which might increase prospects for rate of…

Business
October 22, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?