Some Not Horrible Economic News From The UK

The surprise good news of the day: Not horrendous September retail sales from the UK.

From the Office of National Statistics:

  • Headline: Value of retail sales in September 2011 showed an increase of 5.4 per cent compared with September 2010.
  • Headline: Sales volumes in September 2011 increased by 0.6 per cent compared to September 2010.
  • Non-store retailing and automotive fuel both saw sales volumes increase compared to September 2010 by 15.5 and 2.8 respectively.
  • Textile, clothing and footwear sales volumes fell 2.1 per cent compared to September 2010, the largest fall since April 2008.
  • Non-seasonally adjusted year-on-year sales volumes in large and small stores increase by 0.2 and 2.1 per cent respectively.

Here’s a breakdown by sector:

chart

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