Year on year High Street sales volume's slow growth continued into February 2014. The increase was 3.7% compared with February 2013 and the monthly volume increased 1.7%. Year on year sales value increased by 3.5% compared with February 2013 and the monthly comparison shows growth of 1.3% according to figures from the ONS.
Average prices fell by 0.2% compared with February last year as fuel fell by 4.4%. Deflation last occurred in September 2009 with a decrease of 0.8% and main contributor then was fuel with a fall of 5.8%.
Online sales increased by 12.4% in February 2014 on the annual comparison and on the monthly comparison with January 2014 the increase was 2.5%.
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