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Last Updated: Wednesday, 15 September, 2004, 06:11 GMT 07:11 UK
Wet weather 'lifts sales figures'
Money in till
High street sales have fallen back but still beat the rest of the UK
Poor weather in August may have encouraged tourists to visit Scotland's stores, according to research.

Latest figures suggest sales in Scotland rose faster than anywhere else in the UK.

Sales at Scotland's established retailers rose 3.9% last month compared to August last year.

The research by economists at the Scottish Retail Consortium (SRC) also suggested an east-west divide among the country's shoppers.

High street sales figures in August were not as high as those for July but they were still six-and-a-half times higher than for the UK as a whole.

Experts believe one reason for the increase could be that the poor weather encouraged tourists to go shopping rather than visit the countryside.

In addition, many stores in Glasgow and the west of Scotland reported a buoyant month.

Shoppers
Experts detect an east-west divide among shoppers

But signs emerged that spending in the east was starting to slow down, as a result of recent interest rate rises.

Some leading economists warn that, while Scotland's retailers are still out-performing other parts of the UK, growth is likely to slow down in the coming months.

Figures for July from the SRC showed sales grew by 7.4% - more than three points higher than anywhere else in the UK.

A spokesman said that retail sales should fall slightly over the next few months as long as the housing market achieves a soft, rather than hard, landing.


SEE ALSO:
High streets enjoy sunny outlook
18 Aug 04  |  Scotland
Summer rain fails to dampen sales
21 Jul 04  |  Scotland
Retailers welcome spending boom
27 Jun 04  |  Scotland
High streets booming, survey says
16 Jun 04  |  Scotland
Scots shop to top of retail league
23 Apr 03  |  Scotland


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