Thursday, April 19, 2018

Retail sales, Great Britain: March 2018

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19 April 2018

Business, industry and trade

Retail sales, Great Britain: March 2018

Commenting on today's retail sales figures, ONS senior statistician, Rhian Murphy said:

"Retail sales fell in the first quarter due to a large decline in March with petrol sales seeing a significant slump as a result of the poor weather keeping many shoppers indoors. However, the snow actually helped boost online spending with department stores in particular seeing growth in their web sales. 

"Various shops also reported increased spending on gifts in the run up to Easter and Mother's Day, which also helped boost online sales."

Main points:

1.2% decrease in retail quantity bought in March 2018, compared with February 2018

0.5% decline in January  2018 to March 2018, compared with the previous three months  

Year on year growth rate in retail sales rose by 1.1% with the main contribution to growth coming from non-store retailing 

Online spending in department stores up 33% when compared to the same month a year ago 


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