Economic Buzz: UK Retail Sales Rise 2.1% On Year In December

11 Jan 2022 , 02:06 PM

UK retail sales increased 2.1 percent on a yearly basis in December, despite the recent Omicron outbreak, data released by the British Retail Consortium, or BRC, showed on Tuesday. For the whole year of 2021, retail sales were up 9.9 percent. On a like-for-like basis, sales rose 0.6% in December and 8.9% over the whole of 2021. Food sales increased 0.4% in the fourth quarter, whereas non-food sales rose 4.8%. In that three-month period, in-store non-food sales soared 36% and online non-food spending declined 13% compared with the fourth quarter of 2020, when the U.K. was in lockdown.

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