Retail sales in the UK dropped 1.4% mom in March of 2022, following an upwardly revised 0.5% fall in February and much worse than market forecasts of a 0.3% decline, as affordability starts to weigh and consumers spend less due to rising prices. Biggest downward contribution came from non-store retailing (-7.9%). Sales of food went down -1.1%, amid higher spending in pubs and restaurants linked to reduced coronavirus restrictions, as well as the impact of rising food prices on the cost of living. Other decreases were also seen in sales of auto fuel (-3.8%), with some nonessential road travel being reduced following record high petrol and diesel prices. On the other hand, sales at non-food store sales rose by 1.3% because of growth in other non-food stores (2.9%), and household goods stores (2.6%) such as DIY stores. Compared to their pre-coronavirus (COVID-19) February 2020 levels, retail sales were 2.2% higher. source: Office for National Statistics

Retail Sales MoM in the United Kingdom averaged 0.21 percent from 1996 until 2022, reaching an all time high of 13.40 percent in June of 2020 and a record low of -17.90 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 May of 2022.

Retail Sales MoM in the United Kingdom is expected to be 1.00 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
2022-03-25 07:00 AM Feb -0.3% 1.9% 0.6% 0.7%
2022-04-22 06:00 AM Mar -1.4% -0.5% -0.3% -0.1%
2022-05-20 06:00 AM Apr -1.4% 0.2%


Related Last Previous Unit Reference
Retail Sales MoM -1.40 -0.50 percent Mar 2022
Retail Sales YoY 0.90 7.20 percent Mar 2022
Consumer Spending 356660.00 354990.00 GBP Million Dec 2021
Disposable Personal Income 374155.00 376979.00 GBP Million Dec 2021
Personal Savings 6.50 8.30 percent Dec 2021
Retail Sales Ex Fuel -1.10 -0.90 percent Mar 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
-1.40 -0.50 13.40 -17.90 1996 - 2022 percent Monthly
2016=100, SA

News Stream
UK Retail Sales Fall 1.4% in March
Retail sales in the UK dropped 1.4% mom in March of 2022, following an upwardly revised 0.5% fall in February and much worse than market forecasts of a 0.3% decline, as affordability starts to weigh and consumers spend less due to rising prices. Biggest downward contribution came from non-store retailing (-7.9%). Sales of food went down -1.1%, amid higher spending in pubs and restaurants linked to reduced coronavirus restrictions, as well as the impact of rising food prices on the cost of living. Other decreases were also seen in sales of auto fuel (-3.8%), with some nonessential road travel being reduced following record high petrol and diesel prices. On the other hand, sales at non-food store sales rose by 1.3% because of growth in other non-food stores (2.9%), and household goods stores (2.6%) such as DIY stores. Compared to their pre-coronavirus (COVID-19) February 2020 levels, retail sales were 2.2% higher.
2022-04-22
UK Retail Sales Unexpectedly Fall
Retail sales in the UK unexpectedly fell 0.3% mom in February of 2022, reversing from a 1.9% rise in January and compared to market forecasts of a 0.6% increase. Sales were down in non-store sales (-4.8%) and in food stores (-0.2%), with large falls in alcohol and tobacco stores, which may be linked to higher spending in pubs and restaurants as confidence increased in going out. At the same time, sales increased in non-food stores (0.6%), namely in clothing (13.2%) and department stores (1.3%), with wider socialising and the return to the office, which were partly offset by falls in household goods stores (-2.5%) with some retailers suggesting the stormy weather during the month had impacted footfall. Compared to pre-pandemic levels of February 2020, retail sales increased 3.7%.
2022-03-25
UK Retail Sales Rise More than Expected
Retail sales in the UK increased 1.9% mom in January of 2022, rebounding from an upwardly revised 4% fall in December and beating market forecasts of a 1% raise, as the impact of the omicron variant started to fade. It is the biggest increase since April 2021 as sales in non-food stores sales surged 3.4%, namely household goods, garden centers, lighting and electrical goods. Also, sales of automotive fuel went up 4.1% after falling in December when increased home working and lower retail footfall reduced travel. On the other hand, food store sales were down 2.3% falling below pre-coronavirus levels for the first time. Sales in clothing stores also declined 5%, which may be linked to less discounting in January 2022 compared with other years. Still, in January, retail sales were 3.6% above their pre-coronavirus February 2020 levels.
2022-02-18