UK June retail sales +0.5% vs +0.4% m/m expected
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Latest data released by ONS – 23 July 2021
- Prior -1.4%
- Retail sales +9.7% vs +9.6% y/y expected
- Prior +24.6%
- Retail sales ex autos, fuel +0.3% vs +0.6% m/m expected
- Prior -2.0%
- Retail sales ex autos, fuel +7.4% vs +8.2% y/y expected
- Prior +21.7%
A positive bump last month in terms of retail sales activity, with volumes seen up 9.5% when compared to February 2020 (pre-pandemic) levels.
That said, ONS notes that there is anecdotal evidence suggesting that increased sales may also be linked with the Euro 2020 tournament, so there is that to consider.