UK retail sales fell 1.2% in June compared with May, according to estimates, after rising 2.9% in the previous month, the ONS, the Office for National Statistics, said this Friday (19). The analyst consensus had estimated a slight drop of 0.6% on a monthly basis.
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Sales volumes fell in most sectors as department stores and apparel retailers returned to Q1 levels.
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British retail sales have now fallen by 0.2% in the year to June and sales are 1.3% below pre-Covid-19 pandemic levels in February 2020.
Sales volume fell 0.1% in the 2nd quarter compared to the previous quarter and was down 0.2% compared to the 2nd quarter of 2023.
In June, “out-of-store” retail sales, which include online sales, stalls and markets, fell 1.1%.
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Non-food stores – department, clothing and home stores – fell 2.1% in June after rising 3.3% in May.
Food store sales fell 1.1% in June compared to the first three months of 2024 and 1.3% in the 2nd quarter, mainly at supermarkets, affected by poor weather and economic conditions, creating caution among consumers.
Henry Blackwell is a contributor at Mediarunsearch.co.uk, covering a wide range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on delivering clear, balanced reporting and useful information that helps readers stay informed about current events and emerging developments. His work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism.