UK DIY News
ONS: Online Accounted For 19.9% of July Retail Sales
The ONS has reported on retail sales for July 2019 with estimates for both the amount spent (value) and quantity bought (volume) showing growth across all measures.
Main Points:
In the three months to July 2019, the quantity bought in retail sales increased by 0.5% when compared with the previous three months, with food stores and fuel stores seeing a decline.
The quantity bought in July 2019 increased by 0.2% when compared with the previous month, with strong growth of 6.9% in non-store retailing.
Department stores’ growth increased for the first time this year with a month-on-month growth of 1.6%; this was following six consecutive months of decline.
Year-on-year growth in the quantity bought increased by 3.3% in July 2019, with food stores being the only main sector reporting a fall at negative 0.5%.
Online:
In July 2019, online retailing accounted for 19.9% of total retailing compared with 18.9% in June 2019, with an overall growth of 12.7% when compared with the same month a year earlier.
Amazon’s Prime Day shopping event on the 15th and 16th July is understood to have had a notable impact on the growth in online sales.
Source : Insight DIY Team and ONS
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