Market news
19.07.2018, 08:40

UK retail sales down 0.5% in June

In the three months to June 2018, the quantity bought in retail sales increased by 2.1%; the largest increase since February 2015, with growth across all main sectors.

Food stores saw the strongest three-month on three-month growth since May 2001 at 2.2%, with feedback from supermarkets suggesting that the continued good weather and World Cup celebrations had encouraged food and drink sales.

While hot weather and World Cup celebrations increased food store sales, it was suggested by retailers that these factors resulted in a decrease in footfall in non-food stores; which, along with non-store retailing, resulted in a monthly decline of 0.5% in the quantity bought.

The decline of 0.5% in June 2018, when compared with the previous month, also followed two months of strong growth in April and May 2018.

Online sales as a total of all retailing remained unchanged at 18.0%; online spending in clothing and footwear stores continued to achieve new record proportions of online retailing, for the fourth consecutive month, at 17.5%.

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