Retail Sales show UK shopping increasing
Recent data shows that UK Retail sales are above pre lockdown levels as UK shoppers get back to spending. However, the picture is different for each area of Retail.
What are the figures?
In August, sales increased by 2.8% compared to a year ago, which followed increases in May, June and July after falls in April and March. This is the volume, or amount, of goods sold. Compared to a year ago;
- Total sales up 2.8%
- Food stores up 4%
- Online spending up by 28.6%
- Clothing down by -30%
- Fuel down by -24%
Total UK Retail sales are now above pre-lockdown levels as this graph shows;
So a large increase on online shopping has taken place. Shopping at actual stores has fallen significantly. However, overall the amount of retail shopping has recovered and is now higher than before the economic impact of Covid & Lockdown.
According to the ONS;
“Despite total levels of retail sales increasing to above pre-pandemic levels, there was a mixed picture within each sector as not all stores experienced this bounce back…”
Want to learn more and see where the numbers came from?
You can read the ONS press release here.
The ONS is the Office for National Statistics and is the official provider of economic data for the UK. You can find out more about them here.
Learn more about NewsBrokerUK here.
Some percentages are rounded to make the article easier to read. Full details in the ONS press release.