Retail Sales in the United Kingdom increased 5.80 percent in October of 2020 over the same month in the previous year, beating market forecasts of a 4.2 percent increase. It is the highest annual gain since March of 2019 as consumers had started Christmas shopping earlier this year, further helped by early discounting from a range of stores. source: Office for National Statistics
Retail Sales YoY in the United Kingdom averaged 2.48 percent from 1997 until 2020, reaching an all time high of 13.10 percent in December of 2001 and a record low of -22.90 percent in April of 2020. This page provides - United Kingdom Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Retail Sales YoY in the United Kingdom is expected to be -2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in the United Kingdom to stand at 1.40 in 12 months time. In the long-term, the United Kingdom Retail Sales YoY is projected to trend around 1.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.