December sales bounce due to price rises not shopping sprees, figures show
Retail sales jumped by 6.9% in December but were driven by higher prices rather than people buying more, figures show.
Food and drink sales for December, which includes the key festive period, jumped by 8% in the first Christmas since all Covid restrictions were lifted. Barclaycard, which has published separate figures on consumer spending on credit and debit cards during December, said there was evidence that shoppers had started stocking up for Christmas in November.
But things look set to get tougher now. With credit card bills landing and many consumers coming under more financial pressure from increasing living costs, there's a warning of high street casualties as we head into spring.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Sankey calls to end early signing period amid crowded December calendarSEC commissioner Greg Sankey has seen enough from college football's early signing period. And he wants to get rid of it. 'We’re crushing coaches in December.' Sankey shares his thoughts in a one-on-one with NicoleAuerbach:
Weiterlesen »
Christine McGuiness tells of 'nightmare day' after December 'threw things off'Christine McGuiness tells of 'nightmare' day after admitting December 'threw things off'
Weiterlesen »
Marwell Zoo penguins isolating due to bird flu given all-clearSeven penguins had been isolating after an outbreak of avian flu in December, Marwell Zoo says.
Weiterlesen »
Pope Benedict XVI was an iron fist in a white gloveThe first pope to resign voluntarily died on December 31st, aged 95
Weiterlesen »
Lancashire's Covid hotspot as 'Kraken' variant begins to spreadLancashire's Covid hotspot as 'ultra-transmissible' Kraken variant begins to spread across UK
Weiterlesen »
Scots pub issues emotional appeal for missing colleague who vanished from clubScots pub issues emotional appeal for missing colleague who vanished from nightclub one month ago
Weiterlesen »