Retail sales volumes in the UK dropped by 0.9 percent in August, a fourth consecutive month of falls and below market expectations of a 0.5 percent increase. It was the longest period of declines in at least 25 years, amid a resurgence of coronavirus cases and supply disruptions. Data also suggested that the further easing of hospitality restrictions during August had an impact on sales at food and non-food stores as people shifted spending to services such as eating and drinking at restaurants and bars. Food store sales were down by 1.2 percent and non-food stores reported a decline of 1.0 percent in trade, driven by falls in department stores (-3.7 percent) and other stores, such as sports equipment and computer stores (-1.2 percent). Meanwhile, automotive fuel sales rose by 1.5 percent as people continued to increase their amount of travel. source: Office for National Statistics
Retail Sales MoM in the United Kingdom averaged 0.24 percent from 1996 until 2021, reaching an all time high of 14 percent in June of 2020 and a record low of -17.80 percent in April of 2020. This page provides the latest reported value for - United Kingdom Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Retail Sales MoM in the United Kingdom is expected to be -0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Retail Sales MoM is projected to trend around 0.70 percent in 2022 and 0.50 percent in 2023, according to our econometric models.