Figure 1: All retailing seasonally adjusted sales volumes and values
ONS estimates of retail sales continue to show growth in the retail industry. In September 2013 the quantity bought increased by 2.2% compared with September 2012 and by 0.6% compared with August 2013. With three month-on-three month growth rates increasing for seven consecutive months these estimates show an underlying trend of growth in the retail industry.
Quarter-on-quarter, the quantity bought in the retail industry increased by 1.5%. This is the largest quarter-on-quarter rise since March 2008 when the economy as a whole was at its peak, before the economic downturn.
Of the four main retail sectors, non-food stores and non-store retailing saw an increase in the quantity bought in September 2013 compared with September 2012, with increases of 3.6% and 19.1% respectively. Food stores and petrol stations (including supermarket petrol stations) saw falls in the quantity bought of 0.6% and 2.4% respectively over the same period.
The amount spent in the retail industry continued to increase, in September 2013 the amount spent increased by 3.2% compared with September 2012 and by 0.5% compared with August 2013. Non-seasonally adjusted data show the average weekly spend in September 2013 was £6.8 billion.
Store price inflation as measured by the implied price deflator showed that price increases in the retail industry continued to slow, with average prices increasing 0.9% year on year compared with 1.6% in August 2013.