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.
Download the list 10 small-cap stocks, according to experts, have the potential to appreciate in the coming months and yearsAnd attend a free class
Sales volumes fell in most sectors as department stores and apparel retailers returned to Q1 levels.
Continues after commercial
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%.
Continues after commercial
In 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.
Jane Austen is a writer and contributor covering culture, literature, lifestyle, and society. Her work focuses on thoughtful storytelling, social trends, and the issues shaping everyday life, delivering engaging and accessible content for readers across the United Kingdom.
