Retail sales increased more weakly in December than in previous months but continued to show the upward trends seen in the sector since August 2011. The quantity of goods bought (volume) increased by 0.3% compared with December 2011 and the amount spent (value) is estimated to have increased by 0.7%. It is the lowest year-on-year growth since 1998 (excepting December 2010 and the winter weather conditions).
The monthly comparison with November 2012 shows a fall of 0.1% in both the quantity bought and the amount spent. Online sales fell more slowly between November and December and were 1.2% higher compared with December 2011 but 0.1% lower than November 2012. Internet sales accounted for 10.6% of all retail sales. There was an estimated spend of £8.5bn in December (£8.4bn in 2011).
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