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July 24, 2020UK RETAIL SALES, JUNE 2020 The UK Office for National Statistics reports that UK retail sales increased in June 2020, this is the second consecutive monthly increase when compared with the record falls experienced in March and April. After two months of increases, the volume of retail sales has reached pre-COVID levels. In June, retail sales volume decreased 0.6 per cent and retail sales values decreased 2.7 per cent compared with February 2020.
- Month over month retail sales values increased 13.6 per cent while the retail sales volume (adjusted for price changes) increased 13.9 per cent over April 2020.
- Year-over-year retail sales values decreased 3.2 per cent and retail sales volumes decreased 1.6 per cent over June 2019.
In April to June 2020, value of sales declined by 11.1 per cent and volume of sales by 9.5 per cent, compared with the previous three months.
Internet sales
- Internet Sales increased 61.9 per cent in June compared with February 2020.
- Online sales share of all retail sales increased from 20.0 per cent in February 2020 to 31.8 per cent in June 2020.
Source: UK Office for National Statistics: Statistical Bulletin, Retail Sales Data, COVID-19 and the production of statistics
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