Retail sales quantities up

Retail sales in Great Britain: Apr 2017 – ONS

  • In April 2017, the quantity bought in the retail industry increased by 2.3% compared with March 2017 and by 4.0% compared with April 2016.
  • The underlying pattern, as measured by the 3 month on 3 month estimate, showed a slight increase in April 2017 following a short period of contraction, increasing by 0.3%.
  • Anecdotal evidence from retailers suggests that good weather contributed to growth.
  • Average prices slowed slightly in April 2017, falling from 3.3% in March to 3.1% in April.
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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.

Dip in sales growth

Distributive Trades Survey: CBI

  • Retail sales were broadly flat in the year to February and orders placed upon suppliers fell
  • The survey of 138 firms including 62 retailers showed that both volume of retail sales and orders failed to meet expectations of growth in February, following six months of very buoyant sales
  • 30% of respondents reported that sales volumes were up on a year ago, while 29% said they were down, giving a balance of +1%, significantly below expectations (+42%) and the lowest since November 2013 (+1%)
  • The volume of orders placed upon suppliers fell (-7%), disappointing expectations of growth (+12%), but firms do anticipate a rise next month (+18%)
  • Volumes of sales for the time of year in February fell below seasonal norms (-5%), to the greatest extent since January 2014
  • Employment fell on a year ago (-21%), with a broadly similar fall in headcount expected next month (-19%)
  • Retailers still expect a moderate improvement in their business situation over the next three months.
  • The volume of internet sales rose (+47%) at a pace broadly in line with expectations (+49%)

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 increase – highest year-on-year growth

Retail Sales, April 2014: ONS

  • In April 2014, the quantity bought in the retail industry increased by 6.9% compared with April 2013 and by 1.3% compared with March 2014. This was the highest year-on-year growth in the quantity bought since May 2004 and continued a pattern of year-on-year growth since early 2013.
  • The underlying pattern, as expressed by the rolling three-month-on-three month growth rate, was one of growth, with the quantity bought increasing by 1.8%.  This was the highest since March 2004 and was the 14th consecutive month of three month-on-three month growth in the quantity bought.
  • With the exception of petrol stations, all stores saw year-on-year increases in sales volumes.  Notably the food sector posted its strongest year-on-year growth since January 2002, increasing by 6.3%. Feedback from food store retailers suggested that a better than expected Easter and better weather conditions helped to boost sales.
  • Food store retailers also suggested that promotions helped to boost sales and this was reflected in the slowing of average price growth in the food sector: consistent with the consumer prices index (CPI) published on 20 May 2014, the rate of food store price inflation decreased to 0.9%, down from 1.8% in March 2014.  Food stores provided the main contribution to the fall in the all retail rate of store price inflation, which fell by 0.6% in April 2014.
  • In April 2014, the amount spent in the retail industry increased by 6.2% compared with April 2013 and by 0.6% compared with March 2014.  Non-seasonally adjusted data show that the average weekly spend in the retail industry in April 2014 was £7.0 billion compared with £6.5 billion in April 2013 and £6.8 billion in March 2014.
  • Following a weak March, the amount spent online increased by 13.3% in April 2014 compared with April 2013 and by 2.6% compared with March 2014