Quantcast
Home Business News UK retail sales recover amid virus crisis

UK retail sales recover amid virus crisis

by LLB Editor
23rd Oct 20 9:30 am

Despite the slide in consumer confidence, UK retail sales continue to recover from their slump earlier this year.

The Office for National Statistics reports that sales volumes swelled by 1.5% last month, compared to August, and were 4.7% higher than a year ago.

Over the last quarter, sales are a record 17.4% higher — and around 5.5% higher than before the pandemic started in February.

Spending on household goods has been particularly robust, with millions of office staff still working from home. But fuel and clothing sales are weak – again, with much fewer people commuting than usual, and rather less opportunity to socialise too.

You may also like

Leave a Comment

CLOSE AD

Sign up to our daily news alerts