Retail sales in the United Kingdom increased 1.5 percent month-over-month in September of 2020, beating forecasts of a 0.4 percent rise. It is the fifth consecutive month of rising retail sales and the third highest gain so far this year. Food sales have done well in recent months (0.7 percent vs 0.4 percent) as people have eaten out less, and sales also increased for household goods and garden items (0.9 percent vs 1.4 percent); fuel (0.1 percent vs 3.9 percent) and clothing (3.6 percent vs 12 percent). Retail sales are now 5.5 percent higher compared with February's pre-pandemic level. Considering the 3 months to September, retail sales volumes increased by 17.4 percent when compared with the previous three months; this is the biggest quarterly increase on record as sales picked up from record-low levels experienced earlier in the year amid the coronavirus lockdown. source: Office for National Statistics
Retail Sales MoM in the United Kingdom averaged 0.25 percent from 1996 until 2020, reaching an all time high of 13.90 percent in June of 2020 and a record low of -18.30 percent in April of 2020. This page provides the latest reported value for - United Kingdom Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Retail Sales MoM in the United Kingdom is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in the United Kingdom to stand at -0.80 in 12 months time. In the long-term, the United Kingdom Retail Sales MoM is projected to trend around 0.60 percent in 2021 and 0.50 percent in 2022, according to our econometric models.