Tuesday, March 09, 2010
Snow distorts the sales data
Posted by David Smith at 08:30 AM
Category: Thoughts and responses

The British Retail Consortium's retail sales monitor looks healthy enough, with like-for-like sales up 2.2% on February 2009, and total sales up 4.5%. The BRC says, however, that February 2009 was exceptionally weak and that the weather continued to have an impact on the numbers. So non-food sales benefited from a bounce-back after January's disruption, while food sales may have suffered because people apparently stocked up for a long winter. More details here.