1. News
May 20, 2022

ONS survey finds that UK retail sales rose by 1.4% in April

The country's total retail sales volume was 4.1% higher than in February 2020.

Data from the UK’s Office for National Statistics (ONS) has revealed that retail sales volume in the country increased by 1.4% last month after dropping by 1.2% in March.

Free Whitepaper
img

What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:  
  • Why has global inflation returned with a vengeance?
  • What is the current inflation situation in the UK?
  • What impact is inflation having on UK retail sales?
  • What tactics are businesses relying on to tackle the effects of high inflation?
  • How are consumers changing their behaviors to cope with the higher cost of living?
  • Which industry sectors are most vulnerable to reduced consumer demand?
  • How is the government responding to high inflation?
  • How long will high inflation last in the UK?
  • How can your company survive and thrive in a high inflation environment?
Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.

During the month, retail sale values unadjusted for price changes increased by 1.9% following a growth of 0.6% in March.

Driven by stronger clothing sales, non-store retail sale volumes rose by 3.7% during the month, recovering from a fall of 6.9% in the previous month.

Food store sales volumes rose by 2.8% during the month, led by higher strong performance in alcohol, confectionery and tobacco in supermarkets, while supermarket food sales remained unchanged.

The UK’s non-food store sale volumes dropped by 0.6% due to a fall in other non-food stores and household goods stores, but were higher by 2.4% compared to February 2020.

The sub-sector of other non-food stores posted a 3.3% fall in sales volumes, while household goods stores’ sales volumes declined by 0.5%.

Sales volumes of department stores and clothing stores in the country increased by 1.3% during the month.

In addition, automotive fuel sales volumes increased by 1.4% after dropping by 4.2% in March due to the impact of a record increase in petrol prices on sales.

The proportion of retail sales online grew from 25.9% in March to 27.0% in April.

In a statement, the ONS said: “Compared with the same period a year earlier, sales volumes over the last three months rose by 1.0% while sales values rose by 10.0% reflecting an annual implied deflator (or implied growth in prices) of 9.0%.

“Percentage change over the past year should be interpreted with caution given the impact of coronavirus restrictions and base effects on growth rates.”

Earlier this year, the ONS published data showing that retail sales in the UK declined by 0.3% in February.

Free Whitepaper
img

What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:  
  • Why has global inflation returned with a vengeance?
  • What is the current inflation situation in the UK?
  • What impact is inflation having on UK retail sales?
  • What tactics are businesses relying on to tackle the effects of high inflation?
  • How are consumers changing their behaviors to cope with the higher cost of living?
  • Which industry sectors are most vulnerable to reduced consumer demand?
  • How is the government responding to high inflation?
  • How long will high inflation last in the UK?
  • How can your company survive and thrive in a high inflation environment?
Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.