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Retail & Consumer

Retail sales in 2020 fell at fastest level since records began

ONS data showed that quantity of goods fell by 1.9% in 2020, the largest year-on-year fall since records began in 1997

(Image: PA)

º£½ÇÊÓÆµ retail sales volumes increased in December as stores were allowed to reopen briefly, following the end of the second national lockdown in England, new figures show.

The Office for National Statistics (ONS) said retail sales volumes rose 0.3% last month compared with November.

The year-on-year growth rate in the volume of retail sales increased by 2.9% when compared with December 2019.

However, the ONS said estimates of quantity bought in 2020 fell by 1.9% in the largest year-on-year fall since records began in 1997.

Food stores bucked the trend of 2020 with growth of 4.3%, as shoppers continued heading to supermarkets, which remained open as “essential” retailers throughout restrictions.

Many also benefitted from the closure of the hospitality sector, with upticks in alcohol sales.

December saw a major boost to clothing stores in particular, the agency said, with strong monthly growth of 21.5% – rebounding from a large fall in November of 19.6%.

High street clothes stores have been hit particularly hard during the pandemic due to enforced closures under Covid-19 restrictions and lockdowns.