Non-food Stores and Household Goods Hit Hardest
- Retail sales volumes decreased by 0.2% in September 2021
- Non-food stores reported a 1.4% drop in sales volumes
- Household goods stores saw a 9.3% decrease
- Sales compared to 2020 fell by 2.6%
According to the Office of National Statistics (ONS), retail sales volumes dropped by 0.2% in September 2021 compared to August, with non-food stores experiencing a 1.4% decline. This was mainly driven by a 9.3% decrease in household goods stores such as furniture and lighting shops. When compared to the same period in 2020, sales fell by 2.6%.
Factuality Level: 10
Factuality Justification: The article provides accurate information from a reliable source (Office of National Statistics), is concise and relevant to the main topic without any unnecessary details or digressions. It does not contain any misleading information, sensationalism, redundancy, personal perspective, or logical errors.
Noise Level: 3
Noise Justification: The article provides relevant information about retail sales volumes for September, based on data from the ONS. It is not overly noisy or misleading, and it stays on topic without diving into unrelated territories. However, it lacks analysis of long-term trends or possibilities, accountability, scientific rigor, intellectual honesty, evidence, data, examples, actionable insights, or solutions.
Financial Relevance: Yes
Financial Markets Impacted: The retail sector and related companies
Financial Rating Justification: This article discusses a change in retail sales volumes, which can impact the financial performance of businesses in the sector and may affect stock prices and investor sentiment.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.
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