Retail sales rise, but remain below pre-Covid levels

October retail sales increased by 0.6%, according to the latest figures from the Office of National Statistics.

The increase followed a drop in September when shops closed for the Queen’s funeral. Sales volumes for the three months to October declined by 2.4%, compared to the previous three months.

Non-food store sales rose by 1.1% in the month, but were still 1.7% below the February 2020 levels. Sales volumes for department and household goods stores fell by 0.3% and 4% respectively.

Non-store retailing posted a 1.8% sales volume growth for October, after a 2.5% decline in September.

British Retail Consortium chief executive, Helen Dickinson, commented: “Rising retail sales continue to mask a fall in volumes, as inflation continued to inflict pain on retailers and consumers alike.

“Consumer confidence improved slightly as the political turmoil of recent months began to abate. Retailers are hoping sales will pick up a little as the World Cup and festive season approaches, but there is little chance of them catching up with current double-digit inflation.”

Finalists in the product categories for the Progressive Preschool Awards 2023 have been celebrating their places on the sought-after list. ...
Progressive Preschool featured image (8)
Exhibitors and visitors at Harrogate International Nursery Fair are invited to the after-show party on Sunday 15 October. ...
K+J Awards (1)
Following a preliminary selection from 120 submissions, 24 products were nominated in the final round by an international, independent jury of experts....
Progressive Preschool featured image (7)
The SnüzPod bedside crib is now available in a number of specialist boutiques across the US. ...
Progressive Preschool featured image (5)
The Joie Stadium is the only purpose-built stadium in the Women's Super League, and the first to have a naming partner....
A host of familiar preschool brands and companies are celebrating having picked up accolades at The Licensing Awards 2023 earlier this week....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.