Retail sales in the UK were up 0.5% mom in June of 2021, following a downwardly revised 1.3% increase in May and slightly higher than forecasts of a 0.4% gain. The biggest upward contribution came from food stores where sales volumes rose by 4.2%, with anecdotal evidence suggesting these increased sales may be linked with the start of the Euro 2020 football championship. Automotive fuel sales increased by 2.3%, as people continued to increase their amount of travel. Non-food stores however, fell 1.7%, driven by declines in household goods stores, such as furniture stores and clothing stores. Compared with their pre-coronavirus pandemic February 2020 levels, retail sales were up 9.5%. source: Office for National Statistics
Retail Sales MoM in the United Kingdom averaged 0.26 percent from 1996 until 2021, reaching an all time high of 14.20 percent in June of 2020 and a record low of -17.80 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 July of 2021.
Retail Sales MoM in the United Kingdom is expected to be -0.80 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 1.00 in 12 months time. In the long-term, the United Kingdom Retail Sales MoM is projected to trend around 0.70 percent in 2022 and 0.50 percent in 2023, according to our econometric models.