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The Daily Mail and General Trust (DMGT) has increased advertising revenues, which it says have yet to be hit by the impact of higher interest rates.

In a trading update today the newspaper group added that it expects to report adjusted results for the year in line with expectations.

In the 11 months to August total advertising revenues for the group's national newspapers, which include the Daily Mail and the Evening Standard, were up eight per cent on the previous year.

Northcliffe Media, DMGT's regional newspaper arm, is also "slowly improving" ad revenues. The unit's ad revenues over the same period were less than one per cent lower than for the corresponding period of the previous year, while they have grown by 2.4 per cent over the past 12 weeks.

Associated Northcliffe Digital, which partly deals with national and regional websites associated with the group's newspaper brands, saw ad revenues climb by 78 per cent over the period – including the impact of acquisitions over the last year. However ad revenues for TV information service Teletext were down 20 per cent.

Nonetheless DMGT stressed: "We are to date seeing no slow down in consumer advertising arising from higher UK interest rates, though we are wary about the impact of these rises on advertising generally and additionally of home information packs on property advertising."

Despite the government's introduction of home information packs, which critics claim will make the house-buying process more expensive, Northcliffe Media saw property ad revenues climb by 7.9 per cent in the 11 months to August. However DMGT acknowledged that the rate of growth was slowing.

Meanwhile the company has stressed that there has been "minimal discernible impact" to date on any of its businesses as a result of the current turmoil on the credit markets.

It added that circulation revenues across DMGT's national newspaper titles were up 1.5 per cent on the previous year, despite the circulation of the Daily Mail and the Mail on Sunday dropping in the six months to August.

Despite the fall, DMGT stressed that both titles had increased their market share.