By Marcus Leach
Official figures have shown that UK retail sales volumes edged up by just 0.1% in June from May.
However, on a year-for-year comparison sale volumes were up 1.6% according to the Office for National Statistics (ONS).
One of the key reasons for the rise was reduced prices in clothing and footwear stores.
- In June 2012, all retailing sales volumes were estimated to have increased by 1.6 per cent compared with June 2011. Over the same period, all retailing sales values were estimated to have increased by 1.9 per cent.
- In June 2012, non-seasonally adjusted data shows that small stores fared better than large stores. Sales values at small stores were estimated to have increased by 4.1 per cent compared with June 2011 and large stores were estimated to have increased by 1.2 per cent
- The implied deflator which provides an estimate of the prices of goods sold or store price inflation slowed to 0.3 per cent, down from 1.2 per cent in May.
- The total amount spent in the five week period 27 May 2012 to 30 June 2012 is estimated at £32.7 billion, non-seasonally adjusted, up from £26.4 billion in the four week period of May 2012 and £32.1 billion in June 2011. This equates to an average weekly spend of £6.5 billion in June 2012, £6.6 billion in May 2012 and £6.4 billion in June 2011.
- The average weekly value for Internet sales was estimated to be £493.3 million, meaning that the proportion of retail sales excluding automotive fuel made via the Internet was 8.5 per cent.
Join us on