UK retail sales up 1.8% in June: BRC-KPMG
Retail sales in the UK were up 1.8% in June on a like-for-like basis from June 2014, when they had decreased 0.8% on the preceding year, as per figures from British Retail Consortium (BRC)-KPMG Retail Sales Monitor.
Recording the strongest growth in June since January last year, total growth was 4.2% adjusted for the BRC-Nielsen Shop Price Index deflation, while sales were up 2.9%, against a 0.6% rise in June 2014 on a total basis.
Total Food sales grew again in June compared to 0.3% decline over the last 12 months. Total Non-Food sales increased 2.6% over the three months to June almost close to their 12-month average growth of 3.1%.
Online sales in June represented 18.4% of total Non-Food sales, up from 16.9% in June 2014, the highest penetration rate since January.
Online sales of Non-Food products in the UK grew 17.6% in June compared to 10.6% a year earlier.
Toys & Baby Equipment was the best performing category, reporting fastest online growth since January, while online growth in the Clothing and Footwear categories ranked among the top three in June.
BRC director general Helen Dickinson said: "The retail industry performed strongly last month, experiencing the best overall sales growth in eighteen months, excluding Easter distortions, albeit on the back of a weak June last year."
KPMG Retail head David McCorquodale said: "Moving into July, many eyes will be trained on sector share prices after the market reacted strongly to a number of surprise announcements, particularly around the living wage, in the Chancellor's Summer Budget.
"However, with Murray-mania having once again swept the nation, another heatwave on the horizon, and school holidays imminent, retailers will be hoping that the nation's feel good factor will continue all summer long."
Image: British retail sales up in June. Photo: courtesy of Stuart Miles / freedigitalphotos.net.