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Industry News

Published on December 14th, 2017 | by The GC Team

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Electricals help boost November retail sales

November retail sales received a welcome lift as seasonal discounts encouraged spending.

According to the Office for National Statistics, the month-on-month quantity bought at retail increased by 1.1%, with household goods stores showing growth of 2.9%.

Retailers’ feedback suggested that Black Friday events contributed to the monthly increase in household goods stores, with electrical appliances making the largest contribution to growth, up 8.6%.

The ONS said total average store prices increased by 3.1% compared with the same period last year. Prices rose across all store types.

The amount spent online accounted for 17.0% of all retail spending, excluding automotive fuel, compared with 16.1% in November 2016.

The figures covered the period from 29 October to 25 November.

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Get Connected is the top trade journal for the UK electricals industry. Its website is the fastest, most interesting and up to date in the business.



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