UK Statistics

Statistical bulletin: Retail Sales, February 2015

Released: 26 March 2015 – Download PDF

Contents
 

Key Points

  • Year-on-year estimates of the quantity bought in the retail industry continued to show growth in February 2015, increasing by 5.7% compared with February 2014. This was the 23rd consecutive month of year-on-year growth and the longest period of sustained growth since May 2008 when there were 31 periods of growth.
  • The underlying pattern in the 3 month on 3 month movement in the quantity bought continued to show growth for the 24th consecutive month, increasing by 2.0%. This was the longest period of sustained growth since November 2007 when there were 25 periods of consecutive growth.
  • On the month, the quantity bought in the retail industry increased by 0.7% compared with January 2015. All store types showed growth.
  • Average store prices (including petrol stations) fell for the eighth consecutive month, falling by 3.6% in February 2015 compared with February 2014. This is the largest year-on-year fall since consistent records began in 1997. Once again the largest contribution to the year-on-year fall came from petrol stations, which fell by 15.5%, the largest year-on-year fall in this store type on record.
  • In February 2015, the amount spent in the retail industry increased by 2.2% compared with February 2014 and by 0.3% compared with January 2015. Non-seasonally adjusted data show that the average weekly spend in the retail industry in February 2015 was £6.6 billion, compared with £6.5 billion in February 2014 and £6.5 billion in January 2015.
  • The value of internet sales decreased by 2.3% compared with January 2015 and accounted for 11.6% of all retail sales in February 2015. Online sales increased by 10.1% compared with February 2014.
  • Revisions in this release were caused by the incorporation of late data. The earliest revisions point for current price, non-seasonally adjusted data was February 2014. More information on revisions can be found in the background notes.

Source: Office for National Statistics licensed under the Open Government Licence v.1.0.

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