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Retail sales: Key Economic Indicators

Published Thursday, April 18, 2019

Retail sales: key indicators on the value of retail sales.

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In March 2019, retail sales in the UK totalled £7.1 billion per week, up from £6.8 billion per week in February 2019. This figure includes money spent in shops, supermarkets, in petrol stations and online.

In the three months to March 2019, the quantity (volume) of retail sales increased by 1.6% compared with the previous three months (‘volume’ figures do not include the effect of inflation). Over the year, the volume of retail sales increased by 6.7%.

Internet sales

The average weekly value of internet sales in Great Britain was £1.3 billion in March 2019. This was 18.6% of all retail sales, up from 18.1% in February 2019. Internet retailing exceeded 20% of retail sales for the first time in November 2018.

Online sales increased year-on-year by 12.4%, driven by growth in non-store retailing, up 18% on the year.

Sales by sector

The volume of sales in food stores in the three months to March 2019 was up 2.1% on the same period last year.

The volume of sales in non-food stores was up 3.3% on last year.

Commons Briefing papers SN02818

Author: Chris Rhodes

Topics: Economic situation, Service industries

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