Free Data Graphic 2 minutesFree ReportCoresight Bites: June UK Retail Sales—Deepest Volume Declines in 30+ Years Coresight Research July 26, 2022 Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here. Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Adjusting for inflation, the year-over-year volume decline in UK retail sales deepened in June to (5.9)%, according to the Office for National Statistics (ONS). Excepting the pandemic-hit months of April and May 2020, this set a record for volume declines, based on the ONS’s current data set, which extends back to January 1989. In June, total UK retail sales value growth continued to slow, even as overall consumer price inflation accelerated. The total sector eked out a very modest 1.7% year-over-year value increase during the month. Click the image to read more about the topic. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2024, Week 9: Macy’s Announces Store Opening and Closure PlansMarket Outlook: Off-Price Is On Top as Growth ContinuesMay 2024 US Retail Sales: Solid Growth Continues as Department Stores ReboundAnalyst Corner—The Horrors of Hidden Fees, with John Harmon: Layers of Charges Are Pinching Consumers’ Stretched Wallets