The quantity bought in the retail industry in October 2014 increased by 4.3% compared with October 2013. It is the nineteenth period of consecutive year on year growth.
The monthly comparison shows that sales were up 0.8% compared with September 2014. All sectors except non-store retailing reported growth. Clothing stores grew by 0.5% but as they experienced a fall of 5.9% in September the difference is not yet made up.
Average shop prices fell b y 1.5% over the year, the biggest fall since December 2002. The main reason was a fall in prices at petrol stations where prices were at their lowest since the end of 2010. The amount spent in retail in October 2014 increased by 2.8% compared with October 2013 and by 0.7% when compared with September. The average weekly spend in retail was estimated to have been £7.1bn in October 2014 compared with £6.9bn in October 2013 and £6.8bn in September.
Online sales accounted for 11.2% of all retail sales in October, a fall of 0.1%. Online sales increased by 7.5% compared with October 2013, the lowest year on year increase since November 2012.
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