Retail sales near pre-lockdown levels in June

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UK retail sales near pre-lockdown levels in June

Jonathan Athow, ONS deputy national statistician, told the BBC that there had been"some really big changes under the surface" of the retail landscape since lockdown began."But the real growth has been in online sales. Online sales continue to go from strength to strength."The amount of what we buy is virtually back to pre-crisis levels - but that doesn't signal a wider full bounce-back in our economic fortunes.

While there was an initial flurry in sales of clothing and household goods immediately after non-essential shops opened in June, more timely data on payments suggested that tailed off in July.Secondly, retail sales are only part of the recovery jigsaw, totalling about a fifth of the economy. "And if you look at the High Street more generally, sales in the High Street, or physical shops, are also down by about a third."

Meanwhile, a survey measuring new orders, employment and business sentiment in the services and manufacturing sectors indicated a return to growth during June., compiled by IHS Markit and CIPS, rose to 57.1 in July, up sharply from 47.7 last month.However, Markit's chief business economist, Chris Williamson, cautioned:"While the recession looks to have been brief, the scars are likely to be deep.

 

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This sounds like more bbc bollocks

Really? Most places are empty

Judging by most shops not even open I really struggle to believe that- sounds like BS being peddled to me

This is simply not true , especially in central London ! retail

I know it’s very laudable to cut vat down to the bone, but with the country trying to get back on its feet, I wonder is this the smartest move.

Careful, this is verging on good news.

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Lies

i don’t believe this

How is the real value? Why most of the business are not making money?

BS

I find that hard to believe

Let's strangle the shops by alienating shoppers.

WTF are they wearing?🤣

BBC.....Bull Becoming Correct........ 🐂💩💩

Typical BBC, showing exactly the wrong sort of facemask. These are the sort that filters incoming air but expels unfiltered air out through a valve. They are used in dangerous industrial areas where breath coming out doesn't need filtering. DefundTheBBC

Really...... that's sort of hard to beleive. A lot of high streets have been like ghost towns !!!

Lies - you only have to go down the street to see that is a Total Lie

Without tourists that's bizarre at best

I was returning to shopping but no more from today - back to online orders.

Just watch the numbers go down again now we’ve all got to wear masks.

So that contradicts the requirements to cover your face if it’s based purely on getting people back shopping facecoverings

Is that purely store retail sales or does that include both online and store?

BBCPolitics Quick! Introduce masks!

That’s a lot of face masks.

The fact that sales are up on May is hardly a big surprise.

👏

This will please Rishi no end unless of course the 2nd wave happens when it will have all been for nothing! CoronaFarce

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