Caithness Map :: Links to Site Map Great value Unlimited Broadband from an award winning provider  

 

Scottish retail sales contract 1.1% in the first quarter of 2020

1st May 2020

The Chief Statistician has released statistics showing that the amount of retail goods bought in Scotland fell by -1.1% during January to March 2020. Over the same period Great Britain as a whole saw a -1.6% contraction.

The amount spent on retail sales (not adjusted for inflation) contracted by -1.1% during January to March 2020. Over the same period Great Britain as a whole saw a -1.4% contraction.

Compared to the same time last year, the amount of retail goods bought in Scotland contracted by ‑1.7%. In Great Britain as a whole over the same period, sales contracted by -1.8%.

The Scottish Government has been investigating ways to make faster use of available data to allow more up to date monitoring of the impact of the COVID-19 crisis on the economy, and to help policy makers and economic forecasters. The two strands to this work are a Monthly Business Index (MBI) and Monthly GDP estimates (mGDP)

As part of this work, we are proposing to change some of our normal outputs, and we shall consult users in due course. Proposals include that the Retail Sales index be amalgamated with the MBI and mGDP and suspended as a separate release until further notice, to free up resources to work on the estimates for the whole economy.