potconv2011

25

Jul

UK food sales see slump PDF Print E-mail
Written by admin   

UK retailers have seen the sharpest fall in food volumes in almost a quarter of a century, according to the latest data from the Office of National Statistics.

UK food sales volumes fell 4.2% in June against the same period in 2010, which the ONS said was "the largest fall on record since the series began in 1988". In value terms, sales were up 1.3%.

Over the last 18 months, there have been only two months when volumes rose, the ONS said. This April, volumes were up 1.4% growth; in January 2010, volumes climbed 1.1%.

The ONS found that both large and small stores saw volumes decline in June. Sales volumes at larger outlets fell 4.2%. At small stores, volumes slid 4.4%.

According to the ONS data, food prices are estimated to have increased by 5.8% year-on-year. The UK's inflation rate stands at 4.2%.

Overall, UK retail sales rose 4% in value terms in June year-on-year. Volumes increased 0.4%.

 
Crier Media Group | First Floor Offices, 1-3 Station Road East, Limpsfield, Oxted, Surrey, RH8 0BD, United Kingdom
Tel: +44 (0) 1883 734582 | Fax: +44 (0) 1883 713640 | E-mail: jennie@crier.co.uk
CEE Office: Crier Media Group d.o.o. | Trg Mazuranica 1, Zagreb, Croatia
Tel: +385 1 4854 429 | Fax: +385 1 4854 432 | E-mail: crier@crier.hr
World Bakers
Made by Primavista