| You are in: UK: Scotland | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wednesday, 22 January, 2003, 06:43 GMT Sales boost over festive season ![]() Sales grew in December, according to figures Shoppers in Scotland came out in their droves for last-minute buys over the festive season, according to figures. The latest Royal Bank of Scotland retail sales monitor suggested that the country bucked the previous trend which has seen Scotland performing less well than the rest of the UK at Christmas. December's total sales grew by 4.9%, an increase from 4.2% growth in the previous month.
The retail sales monitor showed a strong late burst of sales just before Christmas and healthy post-Christmas sales. Analysts said these appeared to have compensated for the widely reported slow build-up. In December, total retail sales in Scotland were up by 4.9% compared with the exceptionally buoyant Christmas trading period in 2001. Sales by food retailers rose by 5.5% and in the non-food sector there was a 4.4% increase. Jeremy Peat, group chief economist at the Royal Bank of Scotland, welcomed the latest figures. Warmer weather "I am delighted that, despite mixed anecdotal evidence, Scottish retail sales held up so well in December when we take account of both pre and post Christmas periods," he said. "Consumer strength is essential to maintain momentum in the Scottish economy until international risks and uncertainties start to diminish." The weather is believed to have helped retailers as it was generally warmer than the previous December. | See also: 26 Dec 02 | Scotland 24 Dec 02 | Business 22 Dec 02 | Business 19 Dec 02 | Business 09 Dec 02 | Business 28 Nov 02 | Business Internet links: The BBC is not responsible for the content of external internet sites Top Scotland stories now: Links to more Scotland stories are at the foot of the page. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Links to more Scotland stories |
![]() | ||
| ---------------------------------------------------------------------------------- To BBC Sport>> | To BBC Weather>> | To BBC World Service>> ---------------------------------------------------------------------------------- © MMIII | News Sources | Privacy |