Retail Sales Stay Healthy

Thursday 17 November, 2016 Written by 
Napoleon Napoleon

In October 2016, the quantity of goods bought (volume) in the retail industry was estimated to have increased by 7.4% compared with October 2015; all store types showed growth with the largest contribution coming from non-store retailing. This is the highest rate of growth since April 2002.

This is good news. Services are 70% of the UK economy and they are a barometer of the health of the economy.

Napoleon said 'we were a nation of shopkeepers' - he had a good point. 

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