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Release: Retail Sales, March 2014

Released: 25 April 2014 Next edition: 21 May 2014

Contact

Pete Lee

Retail Sales

retail.sales.enquiries@ons.gsi.gov.uk

Telephone: +44 (0) 1633 455602

Categories: Economy, National Accounts, National Income, Expenditure and Output

Frequency of release: Monthly

Language: English

Geographical coverage: GB

Geographical breakdown: GB

Survey name(s): Monthly Business Survey - Retail Sales Inquiry

  • In March 2014, the quantity bought in the retail industry increased by 4.2% compared with March 2013 and by 0.1% compared with February 2014.  The quantity bought also increased in Q1 2014 compared with Q1 2013, by 3.8%. This continues a pattern of year-on-year growth since early 2013.

  • Non-food stores saw the highest year-on-year increase (9.6%) since April 2002.  This may partly reflect the negative effect of the very cold weather a year earlier, which was the second coldest March on record, in contrast to the warm weather in March 2014.  Food stores, however, saw the largest year-on-year decrease (2.3%) since April 2013 (2.9%).

  • In March 2014, the amount spent in the retail industry increased by 3.9% compared with March 2013 and by 0.3% compared with February 2014.  Non-seasonally adjusted data show that the average weekly spend in the retail industry in March 2014 was £6.7 billion compared with £6.6 billion in March 2013 and £6.5 billion in February 2014.

  • Average prices of goods sold in March 2014 showed deflation of 0.5%; fuel once again provided the greatest contribution, falling by 5.8%.  These data are consistent with the Consumer Prices Index (CPI) which was published on 15 April 2014.

  • The amount spent online increased by 7.1% in March 2014 compared with March 2013 and by 1.4% compared with February 2014.

A first estimate of retail sales in volume and value terms, seasonally and non-seasonally adjusted.

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
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