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Forecast: retail growth in online and physical stores in the UK 2020-2021

According to a recent forecast on retail sales growth in the United Kingdom (UK) in the wake of the coronavirus (COVID-19) crisis, on average there is projected to be a 4.8 percent decline in retail sales in both online and physical retail in 2020. The forecast, which examined the year 2020 in five stages, proposed that the dramatic fall in retail sales during the lockdown period (at 24.7 percent) is to recover in the coming months following the easing of the lockdown measures.

Forecasted retail sales growth for online and physical stores in the United Kingdom (UK) in 2020 and 2021, by stage

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Source

Release date

April 2020

Region

United Kingdom

Survey time period

2020

Special properties

All retail*

Supplementary notes

* All retail, both online and offline.
The source adds the following note: "For ease of calculation the 2021 rate of growth has been standardised."

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Statistics on "Coronavirus (COVID-19) in the United Kingdom (UK)"

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