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Industry News

Published on September 18th, 2014 | by The GC Team


ONS: vacuum cleaners help drive rise in August retail sales

UK retail sales volumes rose 0.4% in August compared to July and 3.9% on August last year, according to estimates from the Office for National Statistics.

The increase is now the 17th month of consecutive year-on-year growth.

Sales at household goods stores rose 12.7% year-on-year, the greatest increase in this series since October 2001 (16.2%). The main contribution was from furniture stores, up 23.4%, but the ONS said electrical appliance stores also contributed to the rise. Feedback from retailers suggested that sales rose as consumers sought to buy high powered vacuum cleaners before the EU energy saving regulation came into force at the end of August.

The amount spent in retail increased 0.2% compared with July 2014 and 2.7% compared with August 2013, although average store prices fell 1.2% year on year, the largest drop since July 2009.

The proportion of sales made online declined 0.2% to account for 11.0% of all sales; however, the amount spent grew by 8.3% compared with August 2013.

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