Spending up, footfall down

Retail sales confounded predictions by rising 0.4% in May, with household goods doing especially well.

All sectors except textiles, clothing and footwear enjoyed an increase. Household products were particularly strong, up 2.9%, partly because of an increase in sales of DIY products. The previous month saw sales decline 3.2%.

The Office for National Statistics figures also show that May’s retail sales were 3.9% higher than a year ago and that over the three months to May sales were up 4.4% on the same period in 2006.

Meanwhile, figures from research group SPSL show that in terms of shopper numbers May was a relatively quiet month. SPSL’s Retail Traffic Index reveals a slight year-on-year increase of 0.8% against May 2006 but a fall of 4.5% of April’s figure. SPSL says the exceptionally wet weather was probably to blame.

Check Also

High streets concerned for Christmas trading, says BIRA

The British Independent Retailers Association (BIRA) has reacted to the latest footfall report showing that …