Market news
17.10.2019, 08:44

UK retail sales remained unchanged in September, as expected

According to the report from Office for National Statistics,  the quantity bought was flat (0.0%) in September 2019 when compared with the previous month, following a fall of 0.3% in August 2019.

The year-on-year growth rate shows that the quantity bought in September 2019 increased by 3.1%, with growth across all sectors except department stores and household goods. Economists had expected a 3.2% increase.

Online sales as a proportion of all retailing was 19.1% in September 2019, compared with 19.5% reported in August 2019.

In the three months to September 2019, moderate growth in the quantity bought continued at 0.6% when compared with the previous three months, with all sectors within non-food stores reporting declines except “other stores”.

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