E-commerce leads retail volume rebound in June

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Retail sales showed signs of recovery throughout June with e-commerce driving volumes, despite the easing of lockdown measures in the UK. 

According to the Office for National Statistics (ONS) retail sales increased by 13.9% month-on-month in June, primarily driven by non-food stores re-opening.

Overall retail sales were just 0.6% below those in February it reported, with e-commerce volumes up 53.6% compared to February.

The proportion of online spending reduced to 31.8% in June when compared with the record 33.3% reported in May, but is a considerable increase from the 20.0% reported in February.

However, food retail volumes were up 9.9% compared to February, with bars and restaurants still closed.

Non-food retail volumes in June were 15% lower than those in February, but an ease of lockdown measures saw a month-on-month increase of 45.5%.


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