Retail Sales

Retail sales in Great Britain: Aug 2016 – ONS

  • In August 2016, the quantity bought (volume) of retail sales is estimated to have increased by 6.2% compared with August 2015; all store types except textile, clothing and footwear, and household goods showed growth with the main contribution coming from food stores.
  • The quantity bought decreased by 0.2% compared with July 2016; the largest contribution to the decrease came from non-food stores which was offset by increases in non-store retailing, predominantly food stores and petrol stations.
  • The underlying pattern in the retail sector is still one of growth with the 3 month on 3 month movement in the quantity bought increasing by 1.6%.
  • The amount spent (value) in the retail industry increased by 4.1% compared with August 2015 and decreased by 0.5% compared with July 2016.
  • The amount spent online increased by 18.5% compared with August 2015 and increased by 0.4% compared with July 2016.
  • Non-seasonally adjusted average store prices (including petrol stations) fell by 1.9% in August 2016 compared with August 2015.

Retail Sales volume dips

Retail Sales, June 2015: ONS

  • Compared with May 2015, the quantity bought in the retail industry was estimated to have decreased by 0.2%. Falls were reported by predominantly food stores, other stores, household goods stores and petrol stations.
  • Year-on-year estimates of the quantity bought in the retail industry continued to show growth for the 27th consecutive month in June 2015, increasing by 4.0% compared with June 2014. This was the longest period of sustained year-on-year growth since May 2008, when there were 31 periods of growth.
  • The underlying pattern in the data, as suggested by the 3 month on 3 month movement in the quantity bought, continued to show growth for the 28th consecutive month, increasing by 0.7%. This is the longest period of sustained growth since consistent records began in June 1996.
  • verage store prices (including petrol stations) fell by 2.9% in June 2015 compared with June 2014. This is the 12th consecutive month of year-on-year price falls with all store types reporting decreases. The largest contribution came once again from petrol stations which fell by 10.0%, the 22nd consecutive month of year-on-year falling prices in this store type.
  • In June 2015, the amount spent in the retail industry increased by 0.9% compared with June 2014, but decreased by 0.1% compared with May 2015. Non-seasonally adjusted data show that the average weekly spend in the retail industry was £7.1 billion, unchanged from the previous month and the June 2014 figure.
  • The value of sales made online in June 2015 increased by 1.4% compared with May 2015 and accounted for 12.4% of all retail sales. Online sales increased by 11.4% compared with June 2014.

Retail sales up

Retail Sales, January 2015

  • Retail sales in January 2015 were estimated to have increased by 5.4% compared with January 2014. This is the 22nd consecutive month of year-on-year growth and the longest period of sustained year-on-year growth since May 2008
  • Compared with December 2014, the quantity bought in the retail industry was estimated to have decreased by 0.3%.
  • Average store prices fell by 3.1% in January 2015 compared with January 2014.
  • In January 2015, the amount spent in the retail industry increased by 2.3% compared with January 2014 and fell by 1.0% compared with December 2014.

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

First decline in spending in food stores in 25 years

Retail Sales, July 2014: ONS

  • In July 2014, the quantity bought in the retail industry increased by 2.6% compared with July 2013 and by 0.1% compared with June 2014.
  • The three-month on previous three-month movement in the quantity bought showed continued growth for the seventeenth consecutive month increasing by 0.3%.  This was the longest period of sustained growth since November 2007.
  • Average prices of goods sold in July 2014 compared with July 2013 showed deflation of 0.9%. Food stores were the only sector to show an increase in prices (0.2%).  There has been declining growth in this series with July 2014 showing the lowest growth since December 2004, when it fell by 0.1%.  These data are consistent with the Consumer Prices Index (CPI) which was published on 19 August 2014.
  • Since the food stores series began in January 1989, July 2014 was the first time we have seen a fall in the amount spent in food stores year-on-year (1.3%).
  • In July 2014, the amount spent in the retail industry increased by 1.7% compared with July 2013 and fell by 0.1% compared with June 2014.  Non-seasonally adjusted data show that the average weekly spend in the retail industry in July 2014 was £7.0 billion compared with £6.9 billion in July 2013 and £7.0 billion in June 2014.
  • The amount spent online increased by 11.2% in July 2014 compared with July 2013 but decreased by 1.9% compared with June 2014.

Retail sales fall

Retail Sales, August 2013: ONS

  • Year-on-year estimates for August 2013 showed that the quantity bought in the retail industry increased by 2.1%. This continues the underlying pattern of growth seen since April 2013.
  • On the month, the picture was one of contraction. Following strong growth of 1.1% in July 2013, the quantity bought in the retail sector fell by 0.9% in August 2013. Despite this fall the level of goods bought remained high.
  • The main source of downward pressure came from the food sector (-2.7%), where feedback suggested that sales were back to a more normal level for this time of year. This followed a strong performance in the previous month (2.7%) when sales were boosted from the hot weather.
  • The prices of goods sold in the retail industry slowed from an annual increase of 1.8% in July 2013 to 1.6% in August 2013.  Consistent with the Consumer Prices Index (CPI), the automotive fuel sector provided the largest contribution to this change with the prices of goods sold in this sector increasing by 1.5% compared with 2.6% in July 2013.
  • The main source of upward pressure to year-on-year estimates of the quantity bought in the retail industry came from the non-store retailing sector which includes retail businesses selling predominantly online, through mail order, or via stalls and markets.
  • From January 2013, the amount spent and quantity bought in the non-store retailing sector, have shown continued strength.  The exceptionally high growth in August 2013 compared with 2012 was largely due to the August 2012 figure where, feedback suggests, sales suffered as consumers watched the Olympics and Paralympics.

Shop price index

Shop price index, August 2013: BRC

  • Overall shop prices reported annual deflation for the fourth consecutive month in August, unchanged from the 0.5% decline reported in July.
  • Food inflation rose to 2.5% in August from 2.2% in July.
  • Non-food reported annual deflation of 2.3% in August from 2.1% in July.