Retail sales in the United Kingdom increased 0.6% in December 2021 on a like-for-like basis from a year earlier, slowing from a 1.8% rise in the previous month as the spread of omicron and updated government guidelines dented spending during the final weeks of the year. The British Retail Consortium report showed sales of clothing and jewelry continued to dominate Christmas gift buying, while spending on food and drink was solid despite concern over the impact of omicron. It also noted that many people have chosen to shop online in December rather than travel to nearby high streets and shopping centers. However, the report warned of significant headwinds for the industry in 2022 from high inflation, rising energy bills and planned tax increases. On an annual basis, retail sales increased 8.9% on a like-for-like basis in 2021. source: BRC - British Retail Consortium

BRC Retail Sales Monitor YoY in the United Kingdom averaged 1.94 percent from 1995 until 2021, reaching an all time high of 39.60 percent in April of 2021 and a record low of -4.90 percent in November of 2019. This page includes a chart with historical data for the United Kingdom BRC Retail Sales Monitor YoY. United Kingdom BRC Retail Sales Monitor YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

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United Kingdom BRC Retail Sales Monitor YoY


United Kingdom BRC Retail Sales Monitor YoY
The BRC-KPMG Retail Sales Monitor measures changes in the actual value of retail sales from a sample of retailers. The Monitor measures the value of spending and hence does not adjust for price changes. If prices are rising, sales volumes will increase by less than sales values. In times of price deflation, sales volumes will increase by more than sales values. Retailers report the value of their sales and sales in the equivalent week a year ago. These figures are reported both in total and on a ‘like-for-like’ basis. The percentage increase in the value of sales on a ‘like-for-like’ basis removes the effect of the expansion of retail floor space by the retailers concerned on their sales total. Due to the sample being biased towards large retailers, the ‘like-for-like’ increase usually provides a more accurate guide to general spending patterns, though it will be biased downwards as an estimate of the growth rate for retail as a whole.
Actual Previous Highest Lowest Dates Unit Frequency
0.60 1.80 39.60 -4.90 1995 - 2021 percent Monthly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-07 12:01 AM Nov 1.8% -0.2% 1.1%
2022-01-11 12:01 AM Dec 0.6% 1.8% 1.5%
2022-02-08 12:01 AM Jan 0.6%


Related Last Previous Unit Reference
BRC Retail Sales Monitor YoY 0.60 1.80 percent Dec/21


News Stream
UK Retail Sales Slows in December
Retail sales in the United Kingdom increased 0.6% in December 2021 on a like-for-like basis from a year earlier, slowing from a 1.8% rise in the previous month as the spread of omicron and updated government guidelines dented spending during the final weeks of the year. The British Retail Consortium report showed sales of clothing and jewelry continued to dominate Christmas gift buying, while spending on food and drink was solid despite concern over the impact of omicron. It also noted that many people have chosen to shop online in December rather than travel to nearby high streets and shopping centers. However, the report warned of significant headwinds for the industry in 2022 from high inflation, rising energy bills and planned tax increases. On an annual basis, retail sales increased 8.9% on a like-for-like basis in 2021.
2022-01-11
UK Retail Sales Turn Positive on Black Friday Boost
Retail sales in the United Kingdom increased 1.8% in November 2021 on a like-for-like basis from a year earlier, turning positive from a 0.2% fall in the previous month as consumers started shopping early for the holiday season, the latest data from the BRC-KPMG retail sales monitor showed. Retail spending was boosted by Black Friday sales, as “the American holiday has now become a month-long affair in the UK, with deals spread over a longer period than ever before”, BRC Chief Executive Helen Dickinson said. She also said spending patterns suggest that sales could be more spread out than in previous years. “Consumers, erring on the side of caution, are shopping for gifts earlier to get ahead of issues relating to shipping and transport”, she added.
2021-12-07