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Top related persons:
Heather Bovill - 3 GfK - 2 BoE - 2 William Schomberg - 2 James Davey - 2 William James - 2 Sterling - 2 Ruth Gregory - 2
Top related locs:
Britain Altrincham
Top related orgs:
National Statistics - 3 Office - 3 Bank of England - 3 Thomson - 3 Capital Economics - 2 REUTERS - 1 British Foods - 1 Department - 1

Search resuls for: "Heather Bovill"


4 mentions found


☆ British retail sales grow in August after washout in July
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Phil Noble/File Photo Acquire Licensing RightsLONDON, Sept 22 (Reuters) - British retail sales partially recovered in August after a rainy July washout, official figures showed on Friday, adding to signs that the country's consumers were mostly coping with the cost-of-living squeeze. Sales volumes rose by 0.4% on a month-on-month basis after a sharp 1.1% fall in July, the Office for National Statistics said. "These were partially offset by internet sales, which dropped slightly as some people returned to shopping in person following a very wet July. However, August's data represented the sixth time so far in 2023 that sales volumes rose on a month-to-month basis, suggesting resilience in consumer demand. Retail sales volumes were 1.4% lower than a year earlier, the ONS said, compared with economists' forecasts for a 1.2% decline.
Persons: Phil Noble, Heather Bovill, GfK, BoE, William Schomberg, James Davey, William James, Christina Fincher Organizations: REUTERS, National Statistics, Reuters, Office, Bank of England, British Foods, Thomson Locations: Altrincham, Britain
☆ British consumers curb their shopping in rainy July
  + stars: | 2023-08-18 | by ( William Schomberg William James | William Schomberg | William James | ) www.reuters.com   time to read: +3 min
Official data showed sales volumes last month were 1.2% lower than in June. Food stores sales volumes fell by a monthly 2.6% while non-food stores sales volumes fell by 1.7%. However, July's data represented only the second time that sales volumes fell on a month-to-month basis so far in 2023, suggesting resilience in consumer demand. Market research firm GfK reported last month that consumer confidence fell in July for the first time since January. Retail sales volumes were 3.2% lower than a year earlier, the ONS said, compared with economists' forecasts for a 2.1% decline.
Persons: Sterling, Heather Bovill, Ruth Gregory, GfK, Samuel Tombs, BoE, Tombs, Spencer, James Davey, Kate Holton, Susan Fenton Organizations: Reuters, Office, National Statistics, Department, Bank of England, Capital Economics, Macroeconomics, Thomson
☆ UK shoppers boost spending again despite inflation's squeeze
  + stars: | 2023-06-23 | by ( William Schomberg | ) www.reuters.com   time to read: +3 min
But Friday's retail sales figures showed that, at least for now, British consumers were weathering the cost-of-living storm. "But our view is still that the growing drag on activity from higher interest rates will eventually tip the economy into recession, generating a 0.5% peak to trough fall in real consumer spending." The statistics agency said the one-off holiday to celebrate the king's coronation was not factored into its seasonal adjustments, meaning it helped to boost the sales volumes reading. Retail sales volumes in May were 2.1% lower than a year earlier. The Reuters poll of economists had pointed to a fall of 2.6% in sales volumes on an annual basis.
Persons: Sterling, King Charles, Ruth Gregory, Samuel Tombs, Heather Bovill, William Schomberg, William James, Catherine Evans Organizations: Bank of, Bank of England, U.S ., Office, National Statistics, Capital Economics, ONS, Reuters, Thomson Locations: Britain
☆ UK shoppers cut back on spending as inflation takes its toll
  + stars: | 2023-01-20 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Jan 20 (Reuters) - Inflation-pinched British shoppers unexpectedly cut their spending in December, official data showed on Friday, dashing hopes for a Christmas shopping boost for the country's flagging retail sector. Retail sales volumes fell by 1% in December from November, the Office for National Statistics said. A Reuters poll of economists had pointed to a 0.5% monthly rise in sales in the key Christmas month. "Retail sales dropped again in December with feedback suggesting consumers cut back on their Christmas shopping due to affordability concerns," Heather Bovill, the ONS's deputy director for surveys and economic indicators, said. In terms of value, spending was down by a month-on-month 1.2% from November.
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