July heatwave provides a boost to retail sales

July heatwave provides a boost to retail sales
 

Retail sales enjoyed their fastest July growth in seven years, thanks to the month's heatwave, according to the British Retail Consortium (BRC). On a like-for-like basis, the BRC said sales had been up 2.2% compared with last year, as consumers rushed out to buy swimwear, sandals, sun cream, beer and barbecue foods.
July was the third successive month of improving figures.
Retail sales had a dismal April, after being hit by the cold start to spring.
The July figures are the best monthly set since the prolonged heatwave in 2006.
David McCorquodale, head of retail at KPMG, which compiled the... read more

 
6 August 2013 in Business, Views: 21
Source: BBC
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