SRC - Scotland posted best August sales growth since 2009
Scotland has posted the best August sales growth since 2009 as retail continues its path towards recovery.
The SRC- KPMG Scottish Retail Sales Monitor found that total Scottish sales in August 2013 increased by 3.5 per cent compared with August 2012, when they had declined by 0.9 per cent.
Like-for-like sales increased by 0.8 per cent on last August, when they had decreased by 2.7 per cent. Taking account of shop price deflation at 0.5 per cent, August total sales were up 4 per cent in real terms.
Total food sales were 3.6 per cent up on August 2012, when they had increased 2.4 per cent. Total non-food sales increased by 3.4 per cent on a year earlier when they had decreased by 4.1 per cent.
Fiona Moriarty, Director of the Scottish Retail Consortium, said: “The best August since 2009 has helped to keep the positive momentum going following a record-breaking July. Combined with a recent uplift in Scottish consumer confidence, the signs are that many of us are increasingly feeling more optimistic about the economy and responding well to retailers’ targeted promotions and new ranges.
“The best growth was seen in food: even if it wasn’t in line with its exceptional July result, it still had a solid showing buoyed by barbeque and picnic fare on warm days but also more wintry food when the temperatures cooled down.