2023-01-20-莱坊-UK_Retail_Sales_Dashboard_December_2022_2页_889kb

Retail Sector Summary

Recent Christmas Performance

• Sales values grew +3.3% YoY, exceeding expectations, but volumes declined -6.1% YoY.
• BRC figures showed +6.9%, indicating potentially lower-than-expected sales despite stronger newsflow.

Overall Retail Trends

• Across the year (2022), retail sales values increased +6.2% YoY, while volumes fell -3.4% YoY, marking the worst performance since 1991.
• Inflation played a key role in volume contraction.

Key Sectors

• Fashion, cosmetics, footwear, and furniture showed double-digit value and volume growth.
• Food category experienced a decline, with values dropping -12.2% YoY.
• Non-food sector rose strongly with +4.8% YoY values, influenced by emerging products like carpets (+40.2% YoY).

Other Insights

• E-commerce penetration grew significantly, reflecting digital adoption changes.
• Detailed data from ONS highlights seasonal adjustments and trends in specific categories like footwear and cosmetics.