UK retail sales values down

Retail Sales Monitor: BRC

• UK retail sales values were down 2.2% on a like-for-like basis from April 2012, when they had declined 3.3% on the preceding year.
• On a total basis, sales were down 0.6%, against a 1.0% decline in April 2012.
• Adjusted for Shop Price Index inflation at 0.4% in April, total retail sales declined 1.0% in real terms while the 3-month average showed growth of 1.6
• Online sales were up 8.3% compared with April 2012, when they had risen by 9.0%.