Retail sales in the UK sank 1.6% month-over-month in August of 2022, the biggest decline so far this year and following a 0.4% rise in July. Figures came much worse than market forecasts of a 0.5% drop, with rising prices and cost of living weighing on consumer spending. Sales fell in all main sectors, namely food (-0.8%), auto fuel (-1.7%) and in non-food stores (-1.9%), particularly sports equipment, toys, furniture and lighting. Year-on-year, retail sales dropped 5.4%. When compared with the pre-coronavirus level in February 2020, total retail sales were still 0.5% higher. source: Office for National Statistics

Retail Sales MoM in the United Kingdom averaged 0.20 percent from 1996 until 2022, reaching an all time high of 13.90 percent in June of 2020 and a record low of -18.20 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 2022.

Retail Sales MoM in the United Kingdom is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Retail Sales MoM is projected to trend around 0.40 percent in 2023 and 0.50 percent in 2024, according to our econometric models.

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United Kingdom Retail Sales MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-08-19 06:00 AM Jul 0.3% -0.2% -0.2% -0.1%
2022-09-16 06:00 AM Aug -1.6% 0.4% -0.5% -0.4%
2022-10-21 06:00 AM Sep -1.6%


Related Last Previous Unit Reference
Retail Sales MoM -1.60 0.40 percent Aug 2022
Retail Sales YoY -5.40 -3.20 percent Aug 2022
Consumer Spending 358328.00 358536.00 GBP Million Jun 2022
Disposable Personal Income 357868.00 373440.00 GBP Million Jun 2022
Personal Savings 7.80 6.60 percent Jun 2022
Retail Sales Ex Fuel -1.60 0.40 percent Aug 2022

United Kingdom Retail Sales MoM
In the United Kingdom, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In the United Kingdom, Retail sales are seasonal, volatile and relatively important to the overall economy.
Actual Previous Highest Lowest Dates Unit Frequency
-1.60 0.40 13.90 -18.20 1996 - 2022 percent Monthly
2016=100, SA

News Stream
UK Retail Sales Drop 1.6%
Retail sales in the UK sank 1.6% month-over-month in August of 2022, the biggest decline so far this year and following a 0.4% rise in July. Figures came much worse than market forecasts of a 0.5% drop, with rising prices and cost of living weighing on consumer spending. Sales fell in all main sectors, namely food (-0.8%), auto fuel (-1.7%) and in non-food stores (-1.9%), particularly sports equipment, toys, furniture and lighting. Year-on-year, retail sales dropped 5.4%. When compared with the pre-coronavirus level in February 2020, total retail sales were still 0.5% higher.
2022-09-16
UK Retail Sales Unexpectedly Rise in July
Retail sales in the UK unexpectedly rose 0.3 percent over the previous month in July of 2022, recovering from declines in the last three months and beating market forecasts of a 0.2 percent fall. Sales of non-store retailing (predominantly online retailers) rebounded by 4.8 percent as a range of promotions in July 2022 boosted purchases, while food store sales increased 0.1 percent. On the other hand, sales of automotive fuel (-0.9 percent) and non-food stores (-0.7 percent) declined. Sales volumes were 2.3 percent above their pre-pandemic February 2020 levels but down over the past year.
2022-08-19
UK Retail Sales Fall for 2nd Month
Retail sales in the United Kingdom edged down 0.1% mom in June of 2022, following an upwardly revised 0.8% fall in May and compared to market forecasts of a 0.3% drop. Main declines were seen for clothing (-4.7%); auto fuel (-4.3%), as record-high petrol and diesel prices impacted the amount of fuel people were buying; and household goods stores (-3.7%), such as furniture stores. On the other hand, food sales rose 3.1%, boosted by Queen’s Jubilee celebrations. Retail sales volumes were 2.2% above their pre-coronavirus February 2020 levels, but the broader trend is of decline, as high inflation is hurting the purchasing power. Compared to a year earlier, retail sales dropped 5.8%.
2022-07-22