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UK e-sales see slowdown in June 2016 but not because Brexit

Wednesday 13 July 2016 11:39 CET | News

Online sales growth slowed to single digits in June 2016, although Brexit effect on spending can not be held yet responsible for this, according to the British Retail Consortium.

Ecommerce non-food sales growth of 9% outpaced the performance of stores. Total retail sales grew by 0.2% in June 2016, while like-for-like sales – which strip out the effect of store openings and closures – fell by 0.5%, internetretailing.net reports.

A fifth (20.6%) of retail sales took place online during the June 2016. Average three-month figures showed that while online contributed 2.3 percentage points to non-food growth, the contribution of stores was -1.9 percentage points.


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Keywords: UK, ecommerce, electronic sales, online sales, Brexit, British Retail Consortium
Categories: Payments & Commerce
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Countries: World
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