Wet weather dampens February shop saleson March 22, 2024 at 8:54 am

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

Shoppers splashed out on clothing. but this was offset by falling food and fuel sales in the month.

Woman pushing pramImage source, Getty Images

Shop sales saw zero growth in February as wet weather and cost-of-living pressures kept people at home.

While clothing sales increased, this was offset by falling food and fuel sales, according to official figures.

February’s flat sales came after a lacklustre December followed by a strong bounce bank in January.

Although food price rises eased in February, people remained under pressure as a result of housing costs and fuel prices.

Economists had predicted that sales volumes would fall slightly in February.

However, clothing sales increased and as did sales in department stores because shoppers splashed out on the new season’s collections.

This boost helped to offset a drop in food sales as shoppers stayed away due to poor weather.

However, on the flipside, the weather benefitted online retailers, in particular those selling clothing.

February was the fourth wettest on record in England, and it was the warmest weather on record for England and Wales, Met Office figures show.

In southern England, it was the wettest February on record.

Climate change means the UK weather is on average getting wetter in the winter and drier in the summer, according to the Met Office, and heavy rainfall could get more frequent and longer if greenhouse gas emissions continue to rise.

Along with the weather, the economic climate also contributed to a drop in footfall in food shops. Sales in household goods stores also fell, according to the Office for National Statistics.

Households have been squeezed by a cost-of-living crisis, and economic growth has been sluggish, with the UK in a shallow recession at the end of last year.

However, the pace of general price rises has been slowing, and Prime Minister Rishi Sunak has said the UK economy will “bounce back” in 2024.

Economic research firm Pantheon Macroeconomics predicted that retail sales would “drag the economy out of recession” in the first three months of the year.

Danni Hewson, head of financial analysis at AJ Bell, said it was not a surprise that February’s downpours “kept people off High Streets and tucked up in their dry living rooms”.

“After a few tricky months clothing retailers needed a win and those that have toiled to create must-have pieces at a price point that works for their buyer will be feeling a kind of fuzzy relief.”

Related Topics

- Advertisement -




Western and Southern Open: Emma Raducanu thrashes Victoria Azarenka in Cincinnation August 17, 2022 at 7:29 pm

British number one Emma Raducanu produces another eye-catching display as she thrashes Victoria Azarenka less than 24 hours after beating Serena Williams.British number one...

George Groves column: Chris Eubank Jr needs to “blast away” Liam Smith to retain star billingon January 18, 2023 at 6:37 am

In his BBC Sport column, George Groves says Chris Eubank Jr handpicked Liam Smith and must win, and win well, to justify his big...

Reuniting Two of the Most Beautiful Women in the World

Khalid and Laila share many similarities as individuals. Here are their differences. First, they are both women. Both were born a woman...

The Open 2022: Shane Lowry holes ‘amazing’ back-to-back eagleson July 16, 2022 at 3:11 pm

Watch Shane Lowry's "tremendous" back-to-back eagles on the ninth and 10th holes at The Open at St Andrews.Watch Shane Lowry's "tremendous" back-to-back eagles on...

GB remain in curling semi-finals fight while Ukraine dominate biathlonon March 8, 2022 at 9:22 am

Great Britain remain in the hunt for a wheelchair curling semi-final spot at the Winter Paralympics after beating Estonia 10-5.