Business, industry and trade In January 2017, the quantity bought in the retail industry is estimated to have increased by 1.5% compared with January 2016, the lowest growth since November 2013. Month-on-month the quantity bought is estimated to have fallen by 0.3%. The underlying pattern as suggested by the 3 month on 3 month movement decreased by 0.4%; the first fall since December 2013. Average store prices (including fuel) increased by 1.9% on the year, the largest contribution to this increase came from petrol stations, where year-on-year average prices were estimated to have risen by 16.1%. Online sales (excluding fuel) increased by 10.1% year-on-year, but fell on the month by 7.2%; accounting for approximately 14.6% of all retail spending. People, population and community Overseas residents made 9.2 million visits to the UK in the 3 months to December 2016. This was 6% higher than the same 3 months in 2015. The amount spent on these visits was unchanged at £5.3 billion. Visits from North America increased by 15% in the 3 months to December 2016, when compared with the same 3 months in 2015. Visits from residents of EU countries increased by 8% over the same period and visits from residents of other countries (countries other than Europe and North America) decreased by 3%. |
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