22 June 2018

UK retail sales jump 1.2% in June

11 July 17 - RE+D Magazine
UK retail sales jump 1.2% in June



Public entity - GREECE

Solum Property Solutions

Consultant - GREECE


Consultant - GREECE

IBI Group

Consultant - GREECE


Antulio Richetta

Director IBI Group
UK retail sales climbed 1.2% in June, according to figures from the British Retail Consortium (BRC) and KPMG.


In the same month last year, sales fell 0.5%, according to

In the three months to June, total non-food sales grew 1.2%, which was the best three month average since December. It was the first time this year that the BRC recorded three-month sales growth above one per cent in the non-food sector.

Hot weather boosted spending on leisure activities, summer clothes, and beauty products, she said. Food sales climbed 3.6% over the three months to June on a like-for-like basis. Total sales grew 4.6%.

Food prices have already been rising for some time, and analysts expect prices in this sector in the industry to stabilise soon.

But, non-food retailers have so far managed to keep prices down and absorb costs. It is thought they will soon start passing on inflationary pressures to consumers, however.


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