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Retail sales: Key Economic Indicators

Published Thursday, April 19, 2018

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

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retail sales

In the three months to March 2018, the quantity bought (volume) in retail sales fell by 0.5% compared with the previous three months.

Compared to the same period a year ago, the value of retail sales was up 3.7% in the three months to March 2018.

However, most of the rise was the result of inflation. The quantity bought (volume) in the retail industry was estimated to have risen by 1.4% in the three months to March 2018 compared to the same period a year ago.

 

Internet sales

The average weekly value of internet sales in Great Britain was £1.2 billion in March 2018, 17% of all retail sales.

Online sales increased year-on-year by 13%. Most internet spending is stores without a physical presence.

Sales by sector

The value of sales in food stores in the three months to March 2018 was up 2.2% on the same period last year.

The value of sales in non-food stores was up 3.2% on last year.

Commons Briefing papers SN02818

Author: Chris Rhodes

Topics: Economic situation, Service industries

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