Retail sales up – or down depending on how you look at it

Retail Sales, September 2014

  • The quantity bought in the retail industry in September 2014 was estimated to have decreased by 0.3% compared with August 2014. However, it increased by 2.7% compared with September 2013 making this the 18th consecutive month of year-on-year growth. This is the longest period of sustained year-on-year growth since May 2008, when there were 31 periods of growth.
  • The underlying pattern continues to show growth with the rolling three-month on three-month growth rate increasing by 0.3%.  However, this was the slowest growth seen in this measure throughout 2014.
  • In September 2014, the amount spent in the retail industry decreased by 0.6% compared with August 2014.  However, it increased by 1.3% compared with September 2013. Non-seasonally adjusted data show that the average weekly spend in the retail industry in September 2014 was £6.9 billion compared with £6.8 billion in September 2013 and £6.9 billion in August 2014
  • The proportion of online sales were unchanged in September 2014 compared with August 2014 at 11.4%. Online sales increased by 10.1% compared with September 2013
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