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December 18, 2020UK RETAIL SALES, NOVEMBER 2020 The UK Office for National Statistics reports that UK retail sales decreased in November 2020 on increased restrictions related to second wave of COVID-19. Despite monthly decline in retail sales, retail sales volumes were 2.6% above February 2020 levels. Retail sales values were 0.9% higher than in February 2020.
- Month-over-month retail sales value decreased 4.1% while the retail sales volume (adjusted for price changes) decreased 3.8% over October 2020.
- Year-over-year retail sales value increased 1.0% and retail sales volume increased 2.4% over November 2019.
- Year-to-date (Jan-Nov 2020 vs Jan-Nov 2019) retail sales values were down 3.1% while retail sales volume declined 2.5%.
Internet sales
- Online retail sales increased by 6.3% in November when compared with October 2020.
- In November 2020, online sales share of all retail sales increased to 31.4% from 28.6% in October 2020. Online sales share of all retail sales increased from 20.0% in February 2020 to 31.4% in November 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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