British retail sales increase 5.4 pct year-on-year in Jan.
Xinhua, February 20, 2015 Adjust font size:
Britain's retail sales volume increased by 5.4 percent in January 2015 compared with that of a year earlier, recording the 22nd consecutive year-on-year growth, the Office for National Statistics (ONS) said on Friday.
Compared with the prior month, the quantity bought decreased by 0.3 percent because of downwards pressure from predominantly food stores, textile, clothing and footwear and other stores.
Average store prices fell by 3.1 percent in January 2015 compared with January 2014, registering the largest year-on-year fall since consistent records began in 1997, data showed.
The largest contribution to year-on-year decrease came from petrol stations which fell by 15.1 percent, the largest year-on-year fall in this store type on record, said ONS.
In amounts spent or value term, retail industry's sales in January increased by 2.3 percent year-on-year, but fell by 0.1 percent compare with December 2014, figures showed.
The amount spent online increased by 12.0 percent year-on-year in January, but dropped by 0.2 percent compared to that of December, data showed. The value of sales made online sales account for 11.6 percent of all retail sales. Endit