Clothing Sales In Britain Sharply Declined In September
The British Federation of industry 27 announced that the UK CBI retail sales index fell from -14 in August to -15 in September, the lowest level in 16 months.
The Confederation of British Industry (CBI) released in September 27th, the British retail sales index fell to -15 in September, the lowest level since May 2010, because consumers are
clothing
And expenditure on household items decreased.
September retail sales index compliance
Economics
Scientists had expected that.
The UK retail sales index for August was -14.
In addition, the United Kingdom in September
Order
The index rose from -22 in August to -16; the stock index reflecting demand expectations fell from 22 in August to 16; the retail sales expectation index dropped from -28 in August to -30.
CBI said clothing sales fell in September, the most recent since July 2009, and household appliances sales also shrank sharply.
CBI official Judith McKenna said lower consumer growth, higher prices and rising unemployment have continued to frustrate consumer confidence, and household spending has tightened even after the rise in utility costs. Retailers are expected to face more challenges in October.
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