Retail sales were expected to have increased by 2% according to a median consensus forecast from a BDpro survey of six economists.
The main contributors were general dealers who contributed 0.8 of a percentage point‚ retailers in textiles‚ clothing‚ footwear and leather goods with a 0.7 of a percentage point contribution and retailers in food‚ beverages and tobacco in specialised stores who contributed 0.6 of a percentage point.
Seasonally adjusted retail trade sales increased by 0.4% last month following a 0.7% contraction in September and a 0.5% increase in August.
Seasonally adjusted retail trade sales increased by 0.6% in the three months ended October compared with the previous three months.
Retail trade sales increased by 2.6% in the three months ended October 2014 compared with the three months ended October 2013. The main contributors to this increase were general dealers; and retailers in hardware‚ paint and glass.
Source: BDpro via I-Net Bridge
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