LONDON, Feb 9 (Reuters) - British retail sales fell in
January to record the worst performance for that month in 15
years, a survey by the British Retail Consortium showed on
Tuesday.
The BRC said the value of sales last month was 0.7 percent
lower than a year ago when measured on a like-for-like basis.
That followed a 4.2 percent annual gain in December.
Total sales, which include new floorspace, rose by 1.2
percent on the year in January.
'An awful start to the year and in stark contrast to an
upbeat December. This is the worst January sales growth in the
15 years we have been running the survey,' said Stephen
Robertson, director general of the BRC.
He said the snow at the start of the month had boosted food
sales but hit other sectors. Food sales growth slowed in the
second half of the month, however, and clothing and footwear
sales picked up.
Some consumers may also have brought forward their purchases
to December to beat VAT going back up to 17.5 percent on Jan 1
after the cut to 15 percent over 2009.
Keywords: BRITAIN BRC
(Reporting by Sumeet Desai; editing by Patrick Graham; Reuters messaging: sumeet.desai.reuters.com@reuters.net; +4420 7542 7708)
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