UK retail sales rise in June

Aug 11, 2021  |  by Zhao Xinhua


UK retail sales rose in June this year by 13.1 percent year on two years (Yo2Y) against a decline of 1.3 percent in June 2019 year-on-year (YoY). This is above the three-month average growth of 10.4 percent (Yo2Y), according to the British Retail Consortium (BRC). The sales increased by 17 percent on a like-for-like (LFL) basis from June 2019, when it had fell by 1.6 percent from the preceding year.

Online sales play a far greater role in LFL, so has increased the growth rate significantly.
 
Over the three months to June, in-store sales of non-food items declined 0.1 percent on a total and increased 47 percent on a LFL basis.
 
This is worse than the 2019 total average decline of 3.1 percent. However, for June, the total in-store sales and the like-for-like sales (excluding temporarily closed stores) saw strong growth, a BRC press release said.
 
Over the three-months to June, non-food retail sales increased by 12.4 percent on a total basis and 45.2 percent on an LFL basis. This is above the 2019 total average decline of 1.3 percent.
 
Online non-food sales increased by 31.3 percent in June against a growth of 1.5 percent in June 2019. This is below the 3-month average of 40.3 percent.
 
Non-food online penetration rate decreased from 49.7 percent in June 2020 to 39.3 percent this June.
 
Source: fibre2fashion.com

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