BusinessPostCorner.com
No Result
View All Result
Sunday, November 15, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Shop sales slump in April hit by heavy rain

May 24, 2024
in Business
Reading Time: 1 min read
A A
0
Shop sales slump in April hit by heavy rain
ShareShareShareShareShare

With people sticking close to home in the wet weather, fuel sales dropped 4.9% in April, the biggest monthly fall since October 2021.

Meanwhile, a separate survey by research company GfK suggested consumer confidence is at its highest level for two years.

However, GfK’s index, which measures how people view their personal finances and the broader economic situation, remains in negative territory.

“Though consumer confidence continues to rise, many remain apprehensive and are not yet loosening their purse strings, especially on non-essential items and goods such as clothing and footwear,” said Oliver Vernon-Harcourt, head of retail at Deloitte.

“Consumers are focused on value, with the likes of own-label food remaining resilient.

“Overall, this is a clear sign that, despite inflation easing, retailers’ road to recovery will require them to continue to invest into product ranges that target consumers of all budgets.”

Economists say that the outlook for the High Street is brighter over the summer, as wage growth outstrips price rises many households will start to feel more flush.

But the latest fall in retail sales doesn’t bode well for the fate of overall economic activity, or GDP, in April – which is not the kind of news the government can use.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Energy bills to fall by £122 in July under new cap

Next Post

Opec+ switches to online meeting as market expects cuts to continue

Next Post
Opec+ switches to online meeting as market expects cuts to continue

Opec+ switches to online meeting as market expects cuts to continue

No Content Available
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Pentagon admits that Iranian strikes damaged and destroyed hundreds of buildings at US bases

September 14, 2026
Iran issues long list of steep demands the US must meet before the Strait of Hormuz will be reopened

Iran issues long list of steep demands the US must meet before the Strait of Hormuz will be reopened

August 8, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!