Sales by retailers in Great Britain directly to end consumers, including spending on goods (in store and online) (Retail Sales Index) and spending on services (Index of Services). The industry as a whole is used as an indicator of how the wider economy is performing and the strength of consumer spending.
In November 2016, the quantity of goods bought (volume) in the retail industry was estimated to have increased by 5.9% compared with November 2015; all store types showed growth with the largest contribution coming from non-store retailing.
Compared with October 2016, the quantity bought was estimated to have increased by 0.2%; there was a mixed picture across store types with strong growth reported in some sectors. In particular, within non-food stores, feedback from household goods stores stated that “Black Friday” events had boosted sales in November.
The underlying pattern in the retail industry continues to show strong growth with the 3 month on 3 month movement in the quantity bought increasing by 2.1%; this is the 35th consecutive period of 3 month on 3 month growth.