About: http://data.cimple.eu/news-article/80e4730c8e52ce1eaa0bcc5c20d0afe08827007226240a51458949c0

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About: http://data.cimple.eu/news-article/80e4730c8e52ce1eaa0bcc5c20d0afe08827007226240a51458949c0 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	British retail sales have climbed for the fifth month in a row, after a coronavirus-fuelled slump earlier this year, official data showed Friday. Sales by volume rose 1.5 percent in September from August, the Office for National Statistics (ONS) said in a statement. Retail sales were up 5.5 percent since February, one month before Britain went into lockdown. The ONS added that online sales declined slightly in September from August to stand at 27.5 percent of all sales. However, this was still higher than the 20.1 percent seen in February. And in the three months to September, total retail sales volumes soared by 17.4 percent compared with the prior three months. That was the biggest quarterly increase on record, according to the ONS. "Growth in retail sales is beating even the most optimistic expectations," said Richard Lim, chief executive of research consultancy Retail Economics. "Consumers have proved extremely resilient as cancelled holidays, fewer trips out and less commuting have boosted discretionary spending power to the benefit of some parts of the retail sector. "Christmas 2020 is going to be like no other and we're also likely to be seeing signs of consumers starting their Christmas shopping earlier." rfj/spm
schema:headline	UK retail sales extend recovery from virus slump
schema:mentions	Computer virus Office for National Statistics Christmas Lockdown United Kingdom Richard Lim Discretionary spending
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	57 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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