Growth In Retail Sales

The value of retail sales went up 2.5% and the volume by 2.9% in June 2009 on June 2008 according to the Office for National Statistics latest bulletin on retail sales. The value went up 1.4% and volume 1.3% over the quarter on the same quarter last year. The difference in value between May and June was 0.6% and in volume 1.2%. On the previous quarter the change was 0.8% in value and 0.7% in volume.

Monthly sales values for food stores was up by 6.5% and volume by 2.6% and non-food stores values were down by 1.6% but volumes up by 2.4%. The value of sales in household goods stores decreased 7.2%, others by 4.1%. The non-store retailing sector increased by 7.4% on last year. The largest increase in non-food stores was in textile, clothing and footwear stores at 11.3%. The largest decrease was in household goods stores at 5% driven by furniture and hardware stores. Non-store retailing and repair increased by 10.1% on last year.

The prices of retail sales, an implied price deflator, were 0.2% lower than June 2008. Internet retail sales average weekly value was £179.8m or 3.3% of the total. The value data report the value of sales at the till. The volume data are constructed to remove the effect of price changes. The CPI is the main source of data on price changes.