The Office for National Statistics produces a wide range of economic, social and population data, including a monthly update on retail sales in the UK. The ONS figures provide a regular breakdown of the volume and value of goods bought, based on turnover data collected from 5,000 retailers that either employ at least 100 staff, or have annual sales of more than £60m.
Retail sales volumes rose sharply in April, which reflected the effect of easing coronavirus restrictions and the reopening of all ‘non-essential’ retail.
Retail sales rose in March but across the quarter were “subdued overall”.
Retail sales registered a year-on-year decline in February as strong grocery sales failed to offset a 50% drop in fashion sales.
Online sales surged last month to account for more than a third of total retail spend – the highest proportion on record.
The UK economy shrank in November as coronavirus restrictions on consumers and businesses reduced economic activity.
Customers looking to buy Christmas presents before the second lockdown started in England earlier this month helped boost retail sales for the sixth straight month.
Though not many people know exactly what they’ll be doing on Christmas Day this year, that doesn’t mean consumers are leaving their festive planning until the last minute. In fact, the opposite is true.
Increases in the cost of both clothing and food prices pushed the UK inflation rate to higher-than-expected levels last month.
UK retail sales increased for the fifth consecutive month in September, boosted by an uptick in non-essential categories according to official figures.
UK retail sales for the month of July were the highest they have been since before the pandemic struck but the outlook remains grim for many categories.
Data released over the past few days has laid bare the extent of the challenge the UK economy faces over the coming months and years.
Not a day seems to have passed recently without a CVA or job losses from one retailer or another as a result of the lower footfall, lower spend and acceleration in shift online caused by the pandemic.
Retail sales by value rose year on year and month on month in June as online stores continued to perform strongly.
Retail sales staged a partial recovery last month, according to official data.
The UK economy suffered its worst-ever collapse during April as the coronavirus lockdown wiped out a fifth of GDP.
Retail sales by volume fell a record 18.1% in April, official data showed.
As we begin to descend the coronavirus mountain – to borrow the prime minister’s analogy – the thoughts of business leaders have turned to the question of how to get Britain back to work.
The Office for National Statistics (ONS) has recorded the steepest decline in retail sales in March since the tracker was launched in 1996.
After the government unveiled its post-Brexit, points-based immigration system yesterday, Retail Week finds that many trade bodies and retailers have been left blindsided and scrambling to understand the wider implications.