Telephone: +44 (0) 1633 455602
Frequency of release: Monthly
Geographical coverage: GB
Geographical breakdown: GB
Survey name(s): Monthly Business Survey - Retail Sales Inquiry
Year-on-year estimates of the quantity bought in the retail industry continue to show growth. In October 2013, the quantity bought increased by 1.8% compared with October 2012. On the month the quantity bought decreased by 0.7%. Despite this fall, the underlying pattern in the data as suggested by the three month on three month movement is flat, following a sustained seven month period of growth.
Of the four main retail sectors non-food stores and non-store retailing provided the upwards contributions to the year-on-year growth increasing by 2.7% and 16.3% respectively. Food stores and petrol stations saw falls in the quantity bought of 0.3% and 2.4% respectively.
The amount spent in the retail industry in October 2013 increased by 2.5% compared with October 2012 but fell by 0.7% compared with September 2013. Non-seasonally adjusted data show that the average weekly spend in October 2013 was £6.9 billion.
In October 2013, non-seasonally adjusted data show that the proportion of online sales increased by 1.1% compared with October 2012 and accounted for 10.5% of all retail sales (excluding automotive fuel). Feedback from retailers suggests online specific promotions were the contributing factor to this increase.
The annual increase in the prices of goods sold in the retail industry slowed from an increase of 0.9% in September to 0.7% in October. Consistent with the Consumer Prices Index (CPI), the automotive fuel sector provided the largest contribution to this change with the prices of goods sold in this sector falling by 3.5%, the largest fall in the price of goods sold in this sector since September 2009. Excluding automotive fuel the prices of goods sold increased by 1.3% in October 2013.
These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.