Retail sales value in Great Britain 2005-2022
The total value of retail sales, including fuel, reached a peak value of approximately 495.71 billion British pounds in 2022. This marked an increase of about 35 million British pounds on the previous year. For the retail industry excluding fuel sales, this figure similarly indicated a record value that year.
Generally, retail sales in the UK displayed steady growth with the exception of 2009, when annual sales experienced a noticeable drop. Forecasts project that both store-based and e-commerce sales will continue their steep increase by 2026, with online sales reaching over 200 billion British pounds by that period.
When we look at the monthly breakdown of retail sales value, an unmistakably clear picture of rigorous holiday spending greets us. December is the month when retail has its best days. This was particularly true in December 2019, when the sales value of retail in Great Britain was recorded at over 50 billion British pounds.
UK retail business as usual
Generally, retail sales in the UK displayed steady growth with the exception of 2009, when annual sales experienced a noticeable drop. Forecasts project that both store-based and e-commerce sales will continue their steep increase by 2026, with online sales reaching over 200 billion British pounds by that period.
Holiday spending: industry’s best friend
When we look at the monthly breakdown of retail sales value, an unmistakably clear picture of rigorous holiday spending greets us. December is the month when retail has its best days. This was particularly true in December 2019, when the sales value of retail in Great Britain was recorded at over 50 billion British pounds.
