Released: 20 November 2014 – Download PDF
- Continuing a sustained period of year-on-year growth, in October 2014, the quantity bought in the retail industry increased by 4.3% compared with October 2013, this is the nineteenth period of consecutive year-on-year growth.
- On the month the quantity bought increased by 0.8% compared with September 2014. There was growth in all sectors, except non-store retailing. Clothing stores showed growth of 0.5%, however, as growth in this store type fell by 5.9% in September the rise does not cancel out the fall seen last month.
- The three-month on three-month movement in the quantity bought showed continued growth for the twentieth consecutive month increasing by 0.4%. This was the longest period of sustained growth since November 2007 when there were 25 periods of consecutive growth.
- Average store prices fell by 1.5% in October 2014 compared with October 2013, this was the largest fall since December 2002 when prices also fell by 1.5%. Once again the largest contribution to the year-on-year fall came from petrol stations where petrol/diesel prices were at their lowest level since the end of 2010.
- In October 2014, the amount spent in the retail industry increased by 2.8% compared with October 2013 and by 0.7% compared with September 2014. Non-seasonally adjusted data show that the average weekly spend in the retail industry in October 2014 was £7.1 billion compared with £6.9 billion in October 2013 and £6.8 billion in September 2014.
- The proportion of sales made online fell by 0.1% to account for 11.2% of all sales in October 2014. Online sales increased by 7.5% compared with October 2013, this was the lowest year-on-year increase since November 2012 (6.9%).
- Revisions to this period were caused by the incorporation of late data. 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.