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Published on Jun 21, 2012
Short video from the ONS explaining the latest retail sales estimates covering the period March 2012.
Comparing May 2012 with May 2011, the amount spent on retail was up 3.3% and the amount bought was up 2.4%
Comparing May 2012 with April 2012, the amount spent on retail was up 1.0% and the amount bought was up 1.4%
Looking at sales over the past few years there has been very little change in the amount of retail bought. However price rises in the sector have been driving the increases in the amount spent on retail.
Focusing on the non-specialised non-food sector, which includes things such as department stores, store promotions in recent months have seen prices fall in the sector. This has meant we are buying more in the sector and at a lower price.