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September 18, 2020UK RETAIL SALES, AUGUST 2020 The UK Office for National Statistics reports that UK retail sales increased in August 2020. This is the fourth consecutive monthly increase when compared with the record falls experienced in March and April. In August 2020, retail sales volumes were 4.0 per cent above February 2020 levels. Retail sales values were 2.5 per cent higher than in February 2020.
- Month-over-month retail sales value increased 0.7 per cent while the retail sales volume (adjusted for price changes) increased 0.8 per cent over July 2020.
- Year-over-year retail sales value increased 1.7 per cent and retail sales volume increased 2.8 per cent over August 2019.
Internet sales
- Online retail sales fell by 2.5 per cent in August when compared with July 2020. Despite online sales decreased in August, online sales were 46.8 per cent higher than February 2020.
- In August, online sales share of all retail sales decreased slightly to 28.1 per cent from 28.9 per cent in July 2020. Online sales share of all retail sales increased from 20.1 per cent in February 2020 to 28.1 per cent in August 2020.
Source: UK Office for National Statistics: Statistical Bulletin, Retail Sales Data, Internet Sales Data, COVID-19 and the production of statistics
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