|UK RETAIL SALES FOR AUGUST 2015
September 17 2015.
The Office for national Statisitcs has today releases the Reatail Sales Figures for August. This bulletin presents estimates of the quantity bought (volume) and amount spent (value) in the retail industry for the period 2 August 2015 to 29 August 2015, thus the August Bank Holiday is not included within this release. Unless otherwise stated, the estimates in this release are seasonally adjusted.
The estimates in this release are based on a monthly survey of 5,000 retailers, including all large retailers employing 100 people or more and those with annual turnover of greater than £60 million who employ 10 to 99 people. It is estimated that this survey covers approximately 95% of all known
retail turnover in Great Britain.
• Continuing a sustained period of year-on-year growth, the volume of retail sales in August
2015 is estimated to have increased by 3.7% compared with August 2014. This was the 29th
consecutive month of year-on-year growth.
• The underlying pattern in the data, as suggested by the 3 month on 3 month movement in the
quantity bought, showed growth for the 30th consecutive month, increasing by 0.4%.
• Compared with July 2015, the quantity bought in the retail industry is estimated to have
increased by 0.2%.
• Average store prices (including petrol stations) fell by 3.3% in August 2015 compared with
August 2014; the 14th consecutive month of year-on-year price falls.
• The amount spent in the retail industry increased by 0.2% in August 2015 compared with August
2014, but decreased by 0.3% compared with July 2015.
• The value of online sales increased by 7.4% in August 2015 compared with August 2014, but
decreased by 2.7% compared with July 2015.
• Revisions in this release were caused by the incorporation of late data. The earliest revisions
point for current price, non-seasonally adjusted data was August 2014. More information on
revisions can be found in the background notes.
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