MARKET MONITOR A graphic guide to the off-trade

09 August, 2007

A poll by the Confederation of British Industry has found that summer high street sales have not reached the highs they saw in spring, with DIY and big ticket items the hardest hit. CBI economic and fiscal policy head Doug Godden said: "The high street still saw an increase in year-on-year sales in July, but the rate of growth is below the March-to-May peak, and retailers' hopes for bullish summer sales have failed to materialise. The prognosis for the coming months is for a further, albeit modest, slowdown in sales growth, and this is starting to feed through to wholesalers too, with the survey revealing some of the weakest sales performances for 18 months. The Bank of England should stay its hand on any increase to interest rates until the full effects of recent movements emerge."

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Lifting the spirits

I were to sum up alcohol sales over Christmas 2017 in one word, it would be “gin”. At Nielsen, we define the Christmas period as the 12 weeks to December 30 and in that time gin sales were £199.4 million, which means they increased by £55.4 million compared with Christmas 2016. There’s no sign the bubble is about to burst either. Growth at Christmas 2016 was £22.4 million, so gin has increased its value growth nearly two-and-a-half times in a year. The spirit added more value to
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