In November 2012, year-on-year estimates of retail sales volumes continued to show upward movements that have been seen in the retail sector since August 2011. However, this is not a long term pattern for the retail sector which overall, between 2007 and 2012, has been relatively flat.
Compared with November 2011, the quantity of goods bought (all retailing seasonally adjusted sales volumes) in November 2012 was estimated to have increased by 0.9%. Between the same periods the amount spent (all retailing seasonally adjusted sales values) was estimated to have increased by 1.5%.
The estimated average weekly spend online in November 2012 was £711 million compared with £658 million in November 2011.
Across all retailing an estimated £7.3 billion was spent weekly in November 2012 and in November 2011. This indicates that while consumers continued to spend approximately the same amount as they did last year, this year they spent more online and less in store