Retail Sales Great Britain - May 2024
21st June 2024
Retail sales volumes (quantity bought) rose by 2.9% in May 2024, following a fall of 1.8% in April 2024 (revised from a fall of 2.3%).
Sales volumes rose across most sectors, with clothing retailers and furniture stores rebounding following poor weather in April.
More broadly, sales volumes rose by 1.0% in the three months to May 2024 when compared with the previous three months. However, they fell by 0.2% when compared with the three months to May 2023.
Retail sales in May
Sales volumes and values rebounded in May.
Sales volumes rose by 2.9% during May 2024 following a revised 1.8% downturn in April 2024. Over the year to May 2024, volumes rose by 1.3%, and were 0.5% below their pre-coronavirus (COVID-19) pandemic level in February 2020.
More broadly, there was a 1.0% rise in the three months to May 2024 when compared with the three months to February 2024. These data are available in our Retail Sales Index datasets.
Please consider the impact of the additional bank holiday on 8 May 2023 for the coronation of King Charles III remaining in our seasonally adjusted estimates when interpreting comparisons on the year. More information on this is available in Section 6: Measuring the data.
The reporting period for this bulletin covers 28 April 2024 to 25 May 2024.
Non-food stores sales volumes (the total of department, clothing, household, and other non-food stores) rose by 3.5% in May 2024. This was the largest monthly rise since April 2021, and follows a fall of 3.0% in April 2024. Within non-food stores, there was strong monthly growth for clothing and footwear retailers, furniture stores, and sports equipment, games and toys stores. These retailers reported improved footfall, better weather, and the impact of promotions.
Our Consumer price inflation, UK: May 2024 bulletin reported that prices of furniture and household goods fell by 1.8% in the year to May 2024. This was the lowest annual rate since December 2000.
The Met Office climate summaries reported that May 2024 was the warmest on record, in a series going back to 1884.
Non-store retailers, which are predominantly online retailers, rose by 5.9% on the month. This was the largest monthly increase and index level since April 2022. Commodity breakdown data indicated that the increase in May 2024 was because of strong clothing and other non-food sales.
Read the full ONS report HERE