Retail sales fell by 0.5 per cent year-on-year (non-seasonally adjusted) in December according to the Retail Economics Sales Index. The three month rolling average, which provides a more accurate underlying trend, fell to +0.4 per cent, the lowest since July 2009.A comparison of online and store sales growth revealed that in December total Store sales (bricks and mortar) declined by 1.5 per cent while Online sales rose by 12.1 per cent. This is the sharpest decline in Store sales since May 2009. These figures are surprisingly weak given the strong underlying momentum behind consumer spending. Deep and widespread discounting throughout the industry failed to inspire consumers to leave their homes and shop on the high streets. According to the ONS, average store prices fell by 3.2 per cent in December, year-on-year, the 18th consecutive month of falling prices.
UK Retail Sales Report
Retail Economics reports a range of retail sales indices on a monthly basis. Subscribers have access to all data (analytical reports and interactive data) and category breakdowns including online retail sales, clothing and footwear, household goods, food, DIY and gardening, consumer electricals and more.
UK Retail Sales - January 2016
This report is only available to subscribers.
The UK Retail Sales report includes:
|Summary and economic overview|
|Sales growth by category (year-on-year)|
|Online sales growth (year-on-year)|
|Sales growth by region|
|Total spend by sector|
|Average weekly spend (£m)|
|Footfall by channel|
|Summary of external retail sales sources including Office for National Statistics, British Retail Consortium, CBI, BDO, John Lewis, Visa and more|
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