{"id":212788,"date":"2022-07-22T09:27:06","date_gmt":"2022-07-22T08:27:06","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=212788"},"modified":"2022-07-22T18:09:04","modified_gmt":"2022-07-22T17:09:04","slug":"retail-sales-decline-slows-after-jubilee-celebrations","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/retail-sales-decline-slows-after-jubilee-celebrations\/","title":{"rendered":"Retail sales decline slows after jubilee celebrations"},"content":{"rendered":"<p><strong>The decline in UK retail sales slowed last month as retail sales were buoyed by bumper demand for food and drink by shoppers wanting to celebrate the Queen\u2019s Platinum Jubilee, according to official figures.<\/strong><!--more--><\/p>\n<p>The Office for National Statistics said retail sales fell by 0.1% in June 2022 following a fall of 0.8% in May 2022. Sales were 2.2% above their pre-Coronavirus (COVID-19) February 2020 levels, but down over the past year.<\/p>\n<p>It came after a heavier than previously thought slump in retail sales in May, with the ONS revising down its original prediction of a 0.5% decline to 0.8%.<\/p>\n<p>Non-store retailing (predominantly online retailers) sales volumes fell by 3.7% in June 2022, with sales 20.8% above February 2020 levels.<\/p>\n<p>Sales at non-food stores dropped by 0.7% for the month, driven by a 4.7% drop in sales volumes at clothing stores, while household goods were down 3.7%.<\/p>\n<p>The sales decline was the biggest since October last year, when labour shortages and supply constraints led to shortages at forecourts across the UK.<\/p>\n<p>Heather Bovill, ONS Deputy Director for Surveys and Economic Indicators, said: \u201cAfter taking account of rising prices, retail sales fell slightly in June and although they remain above their pre-pandemic level, the broader trend is one of decline.<\/p>\n<p>\u201cAfter a fall in May, food sales picked up due to the Jubilee celebrations, but this was the only sector to report an increase. Fuel sales fell back considerably with retailers reporting the record high prices at the pump hitting sales.<\/p>\n<p>\u201cClothing purchases dipped along with household goods, with retailers suggesting consumers cutting back on spending due to higher prices and concerns around affordability. Although still above their pre-pandemic level the proportion of sales online fell to its lowest level since March 2020.\u201d<\/p>\n<p>Helen Dickinson, Chief Executive of the British Retail Consortium (BRC), added: \u201cThe cost-of-living crunch caused by record inflation continue to damage consumer confidence and stifle household spending. Discretionary spending and particularly bigger purchases were put off as consumers become increasingly concerned about the future.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":49,"featured_media":196699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10585,20824,6,20827,10494,20826],"tags":[10520,10519,11222,11408,12649,35,16455],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Retail sales decline slows after jubilee celebrations - TheIndustry.fashion<\/title>\n<meta name=\"description\" content=\"Retail sales were buoyed last month by bumper demand for shoppers wanting to celebrate the Platinum Jubilee.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theindustry.fashion\/retail-sales-decline-slows-after-jubilee-celebrations\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail sales decline slows after jubilee celebrations - TheIndustry.fashion\" \/>\n<meta property=\"og:description\" content=\"Retail sales were buoyed last month by bumper demand for shoppers wanting to celebrate the Platinum Jubilee.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theindustry.fashion\/retail-sales-decline-slows-after-jubilee-celebrations\/\" \/>\n<meta property=\"og:site_name\" content=\"TheIndustry.fashion\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theindustryfashion\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-22T08:27:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-22T17:09:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/02\/brc1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tom Shearsmith\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:site\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tom Shearsmith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-decline-slows-after-jubilee-celebrations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-decline-slows-after-jubilee-celebrations\/\"},\"author\":{\"name\":\"Tom Shearsmith\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/0ef585178e99d23ac0b525337547c9be\"},\"headline\":\"Retail sales decline slows after jubilee celebrations\",\"datePublished\":\"2022-07-22T08:27:06+00:00\",\"dateModified\":\"2022-07-22T17:09:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.theindustry.fashion\/retail-sales-decline-slows-after-jubilee-celebrations\/\"},\"wordCount\":328,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"keywords\":[\"BRC\",\"British Retail Consortium\",\"Finance\",\"Helen Dickinson\",\"ONS\",\"Retail\",\"sales\"],\"articleSection\":{\"0\":\"Finance\",\"2\":\"Market Data\",\"3\":\"News &amp; 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