RETAIL TRADE RISE
3 PER CENT UP IN BRITAIN WAR EFFECTS NOTED (British Official Wireless.) Reed. 9 a.m. RUGBY, March 28. In a review of the retail trade year Ircm February 1939 to January, 1940, the Board of Trade Journal states ‘hat the outbreak of war had a considerable effect on the value and, more particularly, on the distribution of retail sales during the year. The aggregate increase over 1938 and 1939 was 3 per cent. An improvement in the total sales during the first three-quarters of the year took place In both food and nonfood sections, but in the final quarter the sales in the latter receded. Stocks were expanded after the outbreak of war and at the end' of January were 16.4 per cent larger than a year earlier —an abnormal increase. The usual seasonal movement in sales indicated by the monthly index numbers was overlaid during the later part of 1939 by the changes produced by war conditions. The quarterly indices show for the last year there was a rise of 2.9 per cent over 1938.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19400330.2.45
Bibliographic details
Gisborne Herald, Volume LXVII, Issue 20209, 30 March 1940, Page 5
Word Count
179RETAIL TRADE RISE Gisborne Herald, Volume LXVII, Issue 20209, 30 March 1940, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in