Without being effected too much by the schizophrenic weather this month, UK
Clothing sales continued to grow during August, with a balance of 61
percent of retailers reporting growth .
The latest CBI figures said a balance of 24 percent of retailers said sales
volumes increased over the month, against expectations of a 13 percent
However, a balance of 70 percent of footwear and leather retailers posted a
decline in the month.
The outlook was optimistic for September with retailers saying they expect
growth to accelerate to 35 percent .
Commenting on the results Rain Newton-Smith, CBI director of economics,
said: “Retail growth is continuing at a steady pace and it’s really
encouraging to see firms’ investment intentions picking up alongside more
jobs being created in the sector.
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