Retail sales rise in August driven by homewares and grocery

Coronavirus grocery shopper

Retail sales showed positive signs of growth in August, but bricks-and-mortar stores continued to struggle compared with online.

Total retail sales increased 3.9% year on year, compared with a 0.4% decline in August 2019, according to the BRC-KPMG retail sales monitor. This was above the three-month average growth of 3.5% and far above the 12-month decline of 1.6%.

This was the highest growth recorded since May 2018, excluding Easter distortion, indicating sales figures are heading in a positive direction.

On a like-for-like basis, sales also increased 4.7% compared with the same month last year, when they had decreased 0.8% from August 2018.

 

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