Deloitte comments on ONS retail sales figures
Commenting on today’s ONS retail sales figures, Oliver Vernon-Harcourt, head of retail at Deloitte, said:
“Retail sales in August were bolstered by continued warm weather as consumers enjoyed the final month of summer. Barbecue season may have contributed to the boost in food sales volumes, as more consumers opted for entertaining at home. Encouragingly, spending on discretionary items including clothing also rose.
“While the summer months have been positive for retail sales, all eyes are now on the Golden Quarter – the most important few months of the year for retailers. The change of the seasons in September should no doubt encourage consumers to purchase items for their winter wardrobes, but many businesses will be hoping that rain doesn’t deter shoppers from the high street. “
ENDS
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