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18.08.2016 08:38

Huge retail sales from UK the month after Brexit

The reporting period for this release covers a 4 week period from 3 July to 30 July 2016 and therefore includes data for the month following the EU referendum. The data are based on sales made in Great Britain and will include sales made to both Great Britain residents and non-residents.

In July 2016, the quantity bought (volume) of retail sales is estimated to have increased by 5.9% compared with July 2015; all sectors showed growth with the main contribution coming from non-food stores.

Compared with June 2016, the quantity bought increased by 1.4%; all sectors showed growth with the main contribution again coming from non-food stores.

Average store prices (including petrol stations) fell by 2.0% in July 2016 compared with July 2015. Compared with June 2016, there was a fall of 0.8%.

The amount spent (value) in the retail industry increased by 3.6% compared with July 2015 and 1.6% compared with June 2016.

The amount spent online increased by 16.7% compared with July 2015 and increased by 1.2% compared with June 2016.

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