UK retail figures spike, skewed by Easter: survey
Retail sales jumped 6.3% last month compared with a year earlier, according to a joint survey from the British Retail Consortium (brC) and financial group KPMG.
Easter fell in April this year, but in March in 2016.
"April's sales provided a brief period of respite for retailers following a relentless start to the year," said Paul Martin, UK head of retail at KPMG.
"However, much of the rise was driven by the timing of Easter and the growing inflationary pressures the sector is facing, rather than a sudden upswing in consumer confidence."
Source: AFP
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
