Telephone: +44 (0)1633 455602
Frequency of release: Monthly
Geographical coverage: GB
Geographical breakdown: Other
Survey name(s): Monthly Business Survey - Retail Sales Inquiry
In November 2012, year-on-year estimates of retail sales volumes continued to show upward movements that have been seen in the retail sector since August 2011. However, this is not a long term pattern for the retail sector which overall, between 2007 and 2012, has been relatively flat.
Compared with November 2011, the quantity of goods bought (all retailing seasonally adjusted sales volumes) in November 2012 was estimated to have increased by 0.9%. Between the same periods the amount spent (all retailing seasonally adjusted sales values) was estimated to have increased by 1.5%.
Looking at the monthly picture (November 2012 compared with October 2012) there was no change in the quantity of goods bought and a fall of 0.1% in the amount spent, following decreases in both the quantity bought and the amount spent between September and October.
The estimated prices of goods sold in the retail sector were estimated to have increased by 0.5% compared with November 2011 following a 0.9% increase between October 2011 and October 2012.
Consistent with the Consumer Prices Index (CPI), which remained at 2.7% in November 2012, one of the main sources of upward pressure to the estimated prices of goods sold in the retail sector was price rises in stores selling food.
The estimated proportion of retail sales made online in November 2012 (Internet sales, non-seasonally adjusted) increased by 1.4% compared with October 2012 and increased by 0.5% compared with November 2011. The estimated average weekly spend online in November 2012 was £711 million compared with £658 million in November 2011.
Across all retailing an estimated £7.3 billion was spent weekly in November 2012 and in November 2011. This indicates that while consumers continued to spend approximately the same amount as they did last year, this year they spent more online and less in store.
The November 2012 period covers the dates 28 October 2012 to 24 November 2012.