House of Commons Library

Retail sales: Key Economic Indicators

Published Friday, February 16, 2018

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

Jump to full report >>

The total annual retail sales value for 2016 was £406 billion.

In January 2018, the quantity bought (volume) in retail sales increased by 0.1% compared with December 2017. There was a decline in all sectors except non-food stores.

Compared to the same period a year ago, the value of retail sales was up 4.4% in the three months to January 2018.

However, most of the rise was the result of inflation. The quantity bought (volume) in the retail industry was estimated to have increased by only 1.5% in the three months to January 2018 compared to the same period a year ago.

However, most of the rise was the result of inflation. The quantity bought (volume) in the retail industry was estimated to have increased by only 1.0% in the three months to December 2017 compared to the same period a year ago.

Internet sales

The average weekly value of internet sales in Great Britain was £1.1 billion in January 2018, 17% of all retail sales

Online sales increased year-on-year by 9.1%. Most internet spending is stores without a physical presence.

Sales by sector

The value of sales in food stores in the three months to January 2018 was up 3.0% on the year.

The value of sales in non-food stores was up 3.9% on last year.

Commons Briefing papers SN02818

Author: Chris Rhodes

Topics: Economic situation, Service industries

Share this page

Stay up to date

  • Subscribe to RSS feed Subscribe to Email alerts Commons Briefing papers

House of Commons Library

The House of Commons Library provides research, analysis and information services for MPs and their staff.