Latest BRC-KPMG retail sales data
February retail sales benefit from Valentine’s Day boost
UK retail sales saw a steady increase in the month of February, according to the BRC-KPMG Retail Sales Monitor.
The BRC-KPMG Retail Sales Monitor is a monthly measure of the sector’s UK performance, based on data shared with the British Retail Consortium by its members. The index was initially set up by the BRC as a way for retailers to benchmark their performance against that of the wider industry, but it has evolved to become a vital measure not only of the health of British retail, but of the wider UK economy. Retail sales growth was hampered throughout most of 2020 and early 2021 by the coronavirus crisis, as government imposed lockdown measures prevented non-essential retailers from opening physical stores.
UK retail sales saw a steady increase in the month of February, according to the BRC-KPMG Retail Sales Monitor.
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UK retail sales took a dip in the first four weeks of January, according to the BRC-KPMG Retail Sales Monitor.
UK retail sales rose in December 2022 but the uptick masked a drop in volumes due to inflation running at historically high levels, the latest BRC-KPMG Retail Sales Monitor has found.
Black Friday bargains helped retail sales climb by more than 4% in November, according to the latest BRC-KPMG Retail Sales Monitor.
Retail sales slowed in October as the cost-of-living crisis prompted customers to delay spending ahead of Christmas.
Retail sales grew in September, driven by sales of clothing, energy-efficient appliances and small furnishings such as blankets, as consumers gear up for higher energy bills this winter.
Sales for the month of August slowed as consumers reined in spending and inflation pushed up costs to historic highs.
Retail sales inched up in July, but volumes fell when soaring inflation is taken into account
Retail sales slumped in June to levels not seen since the depths of the pandemic.
Retail sales fell last month as consumers’ disposable income came under increased pressure, signalling an end to the post-pandemic boom enjoyed by some retailers.
Retail sales have been battered as the spiralling cost of living has “crushed consumer confidence” and reversed the green shoots of retail’s post-Covid recovery.
Retail sales were battered in March as consumer confidence waned in light of rising inflation.
Retail sales increased in February as categories such as furniture, homewares, fashion and jewellery recorded strong growth over the month.
Retail sales rose in January despite ongoing consumer uncertainty due to rising inflation, as well as higher energy and transport prices.
UK retail enjoyed a hugely successful Christmas sales period in December, giving the sector a much-needed boost heading into a new year still clouded by uncertainty.
Black Friday provided a much-needed boost to retail sales during November as customers returned to stores in the run-up to Christmas.
Retail sales showed green shoots of recovery in October as customers gear up for the Christmas season.
Retail sales growth in September slowed as fuel shortages, supply chain issues and poor weather conditions impacted consumer confidence.
Retail sales climbed in August driven by strong formalwear sales as customers returned to the office and socialising.
Retail sales rose in July despite poor weather conditions dampening growth rates following the lifting of coronavirus restrictions.
UK retail sales for the second quarter of the year saw the best growth on record, with retailers enjoying a boost from Euro 2020.