Mobile phone location data analysed by As the high street reopened, online spending as a proportion of total sales fell slightly – dropping from 33.3% in May to 31.8% in June. Even with the July rebound there’s a long way to go before the output lost to the pandemic is regained.”The ONS said retail sales last month had edged closer to pre-lockdown levels, falling by 0.6% compared with February when all shops were still open.
In the United Kingdom, Retail sales are seasonal, volatile and relatively important to the overall economy. Other sectors, such as bars and restaurants, have reported subdued demand since reopening in England on July 4. Clothing sales remained depressed despite the relaxation of … “There is considerable uncertainty as to just how willing consumers will be to spend over the coming months,” said Howard Archer, economist for EY ITEM Club. Retail sales rebounded strongly in June as non-essential shops reopened, taking sales back to pre-pandemic levels.
Retail sales in the United Kingdom plunged 18.1 percent month-over-month in April of 2020, following an upwardly revised 5.2 percent drop in March and worse than market expectations of a 16 percent fall.
The UK remains on course for a deep recession, or two successive quarters of negative growth, after GDP fell by 2.2% in January to March. Excluding auto fuel, sales dropped 15.2 percent.Retail sales in the UK plunged 5.1 percent month-over-month in March of 2020, the biggest drop on record as many stores closed staring March 23th following government guidance during the coronavirus pandemic. UK retail sales survey highest since April 2019, CBI says. Only three out of nine retail sectors reported on by the CBI showed year-on-year growth in July - groceries, hardware and DIY, and ‘other normal goods’ - though most categories of store reported an improvement from June. However, the ONS said online sales were still significantly higher than before the pandemic, when they accounted for about 20% of overall spending.Ruth Gregory, a senior UK economist at the consultancy Capital “Since the [retail] sector has benefited disproportionately from online spending and a switch from other types of spending, this overstates the extent of the recovery in the wider economy,” she said.Private sector businesses across the eurozone also returned to growth for the first time last month, according to the flash IHS Markit eurozone composite PMI. List of the best sales on now from major UK retailers both online and on the high street. Compared with the same month last year, retail sales were down 13.1 percent. This provides us with the best indicator for consumer spending during the reference period.
Food sales were 6% higher and non-store sales - mostly online - rose 55%. It is the biggest slump in retail sales on record, due to the coronavirus pandemic and restrictive measures imposed such as stores and business closures. REUTERS/Toby Melville Retail Sales MoM
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UK retail sales