UK Retail sales value dropped by 1.4% month on month in September
Retail sales in the UK declined 1.4% month-over-month in September of 2022, following a revised 1.7% decline in August.
Sales dropped across the main sectors:
namely food (-0.7%)
non-food stores (-0.2%)
non-store retailing (-0.4%)
Household goods stores (such as furniture stores) sales volumes fell by 1.5% in September 2022 because of falls in each of its sub-industries. Continuing feedback from retailers suggests that consumers are cutting back on spending because of increased prices and affordability concerns.
Other non-food stores, such as jewellery stores, reported a monthly fall in sales volumes of 0.7% in September 2022, while department stores fell by 0.6%.
Year-on-year, retail sales dropped 6.9%.
Compared with the pre-coronavirus level in February 2020, total retail sales were 1.3% lower.
These cookies are required for our website to operate and include items such as whether or not to display this pop-up box or your session when logging in to the website. These cookies cannot be disabled.
We use 3rd party services such as Google Analytics to measure the performance of our website. This helps us tailor the site content to our visitors needs.
We may use advertising services that include tracking beacons to allow us to target our visitors with specific adverts on other platforms such as search or social media. These cookies are not required but may improve the services we offer and promote.