Great Britain's retail sector witnesses 0.7% rise in June 2023

25 Jul '23

1 min read

Pic: Shutterstock/Sorbis

Insights

In June 2023, retail sales volumes in Great Britain rose by 0.7 per cent with increases in all main sectors, except for automotive fuel, after a 0.1 per cent increase in May, as per the ONS.
Over the quarter, retail sales rose 0.4 per cent from March-June 2023.
Non-food stores reported a 1.0 per cent volume increase in June due to summer sales.

Retail sales volumes of Great Britain are estimated to have risen by 0.7 per cent in June 2023 with increases across all the main sectors including non-food and non-store retailing except automotive fuel, following a rise of 0.1 per cent in May 2023—revised from an increase of 0.3 per cent.

Looking at the quarterly picture, retail sales volumes rose by 0.4 per cent in the three months to June 2023 compared with the three months to March 2023, the Office for National Statistics (ONS) said in a press release.

Non-food stores sales volumes rose by 1.0 per cent in June 2023, following a fall of 0.5 per cent in May 2023. Department stores reported that summer sales and increased footfall helped boost volumes.

Non-store retailing sales volumes rose by 0.2 per cent in June 2023, following a rise of 2.4 per cent in May 2023.

Automotive fuel stores sales volumes fell by 0.3 per cent in June 2023, following a rise of 1.7 per cent in May 2023.

ALCHEMPro News Desk (NB)

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