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U.K. Retail Sales Fall by a Record 18% in April, Clothing Sales Slump 50%


Friday, 22 May 2020 13:44 WIB

Retail SalesUK Retail SalesU.K Retail Sales


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A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday.

The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors saw a monthly decline in volume sales except for a record rise in sales for non-store retailing of 18% and a continued gain in sales for alcohol stores at 2.3%.

The volume of clothing sales plunged by 50.2% compared to March, which had seen a 34.9% drop. The data also revealed the biggest amount spent online was the highest on record in April 2020 at 30.7%, versus 19.1% reported in April 2019.

Source : Marketwatch


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