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April 21, 2023UK RETAIL SALES, MARCH 2023 The UK Office for National Statistics reports that UK retail sales value as well as retail sales volume declined in March 2023.
Month over month (March 2023 vs February 2023)
Retail sales values as well as volumes (adjusted for price changes) decreased 0.9%.
Internet sales increased by 0.8% and accounted for 25.8% of total retail sales.
Year-over-Year (March 2023 vs March 2022)
Retail sales values increased 4.5% while retail sales volumes decreased 3.1%.
Year-to-date (Jan-Mar 2023 vs Jan-Mar 2022)
Retail sales values increased 4.9% and retail sales volumes decreased 3.8%.
Source: UK Office for National Statistics: Statistical Bulletin