Retail sales for Great Britain rose in July 2020

August 26, 2020

For Great Britain, retail sales volumes for July 2020 rose by 3.6% relative to June 2020, and are 3.0% above pre-pandemic levels in February 2020, according to the Office of National Statistics. Moreover, retail sales value increased by 4.4% over the month and 1.7% when compared to February 2020.

Food store sales and non-store retailing volumes, in July, stood at high sales levels, regardless of monthly contractions in these sectors at -3.1% and -2.1%, respectively.

In July, fuel sales started to rebound from low sales but were still 11.7% lower than in February. Besides, recent research shows that the car traffic in July was about 17% lower than in the first week of February, according to data from the Department of Transport.

Clothing store revenues were the hardest affected during the pandemic, and in July, revenues remained 25.7% lower than in February, in spite of a monthly rise of 11.9% in July 2020.

There was a 7% decline in online retail sales in July in comparison to June. However, over the pandemic, there was also strong growth, which indicated that sales are still 50.4% greater than February’s pre-pandemic levels. Moreover, ONS noted that, “all sectors saw a decrease on the month, with large falls in non-food stores. This resulted in a lower proportion of money spent online at 28.9% in July than June at 31.9% but was still much higher than February 2020 at 20.0%.”

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