Retail Sales in the United Kingdom decreased 22.60 percent in April of 2020 over the same month in the previous year. It is the biggest slump in retail sales on record, due to the coronavirus pandemic and restrictive measures imposed such as stores and business closures.
Retail Sales YoY in the United Kingdom averaged 2.46 percent from 1997 until 2020, reaching an all time high of 9 percent in April of 2002 and a record low of -22.60 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 May of 2020. source: Office for National Statistics
Retail Sales YoY in the United Kingdom is expected to be -3.20 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 1.00 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.