Retail

UK Dec retail sales volume drops 3.2% MoM; 1.4% fall in apparel stores

21 Jan '24

1 min read

Pic: Adobe Stock

Insights

UK retail sales volume fell by an estimated 3.2 per cent in December after rising by 1.4 per cent in November.
It fell by 0.9 per cent in the three months to December last year compared with the previous three months.
Sales volume in UK clothing stores fell by 1.5 per cent over the month.
On an annual basis, UK sales volume fell by 2.8 per cent last year.

UK retail sales volume is estimated to have fallen by 3.2 per cent in December last year after rising by 1.4 per cent in November. December's decrease was the largest monthly fall since January 2021, when COVID-19 restrictions hit sales.

Sales volume in UK clothing stores fell by 1.5 per cent over the month. Retailers commented on a tough trading month, alongside the effect of starting their sales period earlier than usual, according to the Office of National Statistics (ONS).

Retail sales volume fell by 0.9 per cent in the three months to December last year compared with the previous three months.

Non-food store sales volume fell by 3.9 per cent in December, following a 2.7 per cent increase in November.

Non-store retailing (predominantly online retailers) sales volume fell by 2.1 per cent in December, following a fall of 1.1 per cent in November.

On an annual basis, sales volume in the country fell by 2.8 per cent last year and was at the lowest level since 2018.

Fibre2Fashion News Desk (DS)

More Retail News - United Kingdom...