The Office of National Statistics has reported a 0.5 per cent increase in retail sales in September 2010 compared with September 2009, with predominantly non-food stores increasing sales by 3.8 per cent. Not all areas saw an increase with household goods stores reporting a 2.0 per cent decrease.

Between August and September total sales volume decreased by 0.2 per cent, despite predominantly food and non-food stores both increasing by 0.1 per cent. Within non-food stores there were increases across all sectors apart from textiles, clothing and footwear stores which fell by 0.8 per cent.

Total sales volume for the quarter to September showed a 0.9 per cent increase compared to the same period a year earlier. Food stores decreased by 2.1 per cent while predominantly non-food stores increased by 4.3 per cent.

The seasonally adjusted value of retail sales for September 2010 was 2.4 per cent higher than in September 2009. For the three months to September 2010, it was 2.7 per cent higher than the same period 12 months earlier.

Please note the views expressed in this blog are the views of the author, Andre Brown and do not represent the view of Locayta, its employees or its shareholders. For more information about Locayta, visit www.locayta.com