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UK retail sales fell 0.2% in September 2021: ONS

UK retail sales fell 0.2% in September this year, following an upwardly revised 0.6% decline in August. However, according to the National Bureau of Statistics (ONS), the volume was 4.2% higher than the February 2020 level prior to COVID-19, despite a decline in September.

Non-grocery stores reported a 1.4% decline in September sales due to a decline in household goods stores such as furniture and lighting stores (minus 9.3%) and other non-grocery stores (minus 1.7%). bottom. Sporting goods store ONS said in the release.

In-store retail sales continue to be curtailed, despite the relaxation of COVID-19 restrictions in the summer of 2021. The share of online retail sales rose from 27.9% in August to 28.1% in September 2021, well above the 19.7% in February 2020 before the pandemic.

UK retail sales fell 0.2% in September, following an upwardly revised 0.6% decline in August. However, according to the National Bureau of Statistics, the amount was 4.2% higher than the level in February 2020 before COVID-19, despite the decrease in September. Non-grocery stores reported a 1.4% drop in September sales.

Retail sales are declining each month as non-mandatory retail resumes in April 2021 and retail sales are well above pre-pandemic levels. This is the longest consecutive monthly fall period in the history of this series (beginning in February 1996). However, sales are 4.2% above the pre-pandemic (February 2020) level.

Non-grocery stores made the largest contribution to the monthly decline at 0.5 percentage points. Among them, household goods stores such as furniture and lighting stores were the main contributors, a decrease of 9.3% in one month.

Clothing stores and department stores reported monthly sales growth of 4.3% and 0.2%, respectively. Sales volume was 5.5% and 5.1% below pre-pandemic February levels.

Online spending increased 0.5% in September 2021 compared to August 2021, mainly due to an increase in department store sales (3.8%).

Due to the monthly increase in online spending, the percentage of online sales increased slightly, increasing from 27.9% in August to 28.1% in September 2021.

Fiber2Fashion News Desk (DS)



UK retail sales fell 0.2% in September 2021: ONS

Source link UK retail sales fell 0.2% in September 2021: ONS

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