UK Retail Sales back up in June to pre lockdown levels
Recent data shows that UK Retail sales are almost back up to pre lockdown levels. However, the picture is different for each area of Retail.
What are the figures?
In June, sales increased by nearly 14%, which followed a similar increase in May after falls in April and March.
- Total sales up 13.9%
- Fuel up by 21.5%
- Non Food stores up by 45.5%
- Food stores down by 0.1%
UK Retail sales are back up to almost back to pre-lockdown levels, with sales down by about 3% since February.
This chart shows how retail spending has decreased and recovered recently (source ONS).
The amount we shop online also continues to stay high. Almost a third of our current shopping is now online.
According to the ONS;
“In June, the monthly growth rate increased… This is the second consecutive month of strong growth following record declines in March and April 2020, which has returned the… volume of total retail sales to similar levels as before the coronavirus (COVID-19) pandemic.”
Not all retail sectors have recovered
Some areas are still some way behind the previous level of sales before the pandemic. Examples are; Clothing and Footwear down by about 35%; and Department Stores down about 5%
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.