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UK retail sales above 12-month average

Retail sales in the UK increased by 4.9 percent in June compared to the same period last year.

Retail sales in the UK increased by 4.9 percent in June compared to the same period last year and this growth was above the last 12 months average.

According to monthly retail data released by the British Retailers Association (BRC) and KPMG, retail sales, which rose 4.9 percent last month, fell 1 percent in the same period of 2022.

Last month’s growth surpassed the 4.6 percent average increase in retail sales over the last 3 months and the 4 percent increase over the last 12 months.

Food sales increased by 9.8 percent in this period, outpacing the growth of 7.7 percent, which is the average of the last 12 months. Online food sales fell 1%.

BRC Chief Executive Officer Helen Dickinson, in her assessment of the data, stated that summer shopping increased with the effect of hot weather, and this was reflected in retail sales.

Despite this, Dickinson said that consumers are more cautious about shopping for high-priced products such as furniture and technology appliances. used the phrases.

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