City
Epaper

UK retail sales fall record low due to pandemic

By IANS | Updated: April 24, 2020 15:50 IST

UK retail sales fell a record 5.1 per cent in March as many stores have shut due to the coronavirus lockdown, official figures revealed on Friday.

Open in App

London, April 24 UK retail sales fell a record 5.1 per cent in March as many stores have shut due to the coronavirus lockdown, official figures revealed on Friday.

The figures from the Office for National Statistics (ONS) showed the steepest sales fall since it started collecting the data in 1996, reports the BBC.

Food and online shopping rose, and alcohol sales jumped by 31 per cent. But clothes sales tumbled by 34 per cent.

Food sales rose a record 11 per cent as households stocked up and restaurants closed.

Online shopping as a proportion of all retail reached a record high of 22 per cent, the ONS said.

"Retailers are in crisis mode as the impact of Covid-19 has obliterated sales to new record-lows," the BBC quoted Richard Lim, chief executive of Retail Economics, as saying.

The data comes amid dire estimates for the performance of the UK economy amid the lockdown.

On Thursday, one of the Bank of England's top policymakers warned that the UK faces its worst economic shock in several hundred years.

As of Friday, the UK has reported 139,246 coronavirus cases with 18,791 deaths.

( With inputs from IANS )

Tags: ONSRichard limukLondonOffice For National StatisticsPremier of sa
Open in App

Related Stories

CricketChris Woakes Walks Out to Bat with Sling On as England Lose Ninth Wicket on Day 5 of ENG vs IND 5th Test (Watch Video)

CricketENG vs IND 5th Test Weather Forecast: Will Rain Play Spoilsport on Day 5 of England vs India at Oval in London?

CricketENG vs IND 5th Test Weather Forecast: Will Rain Play Spoilsport on Day 3 of England vs India at Oval in London? (VIDEO)

CricketENG vs IND 5th Test Weather Forecast: Will Rain Play Spoilsport on Day 2 of England vs India at Oval in London?

EntertainmentRakul Preet Singh Jets Off to London for Final Schedule of De De Pyaar De 2

International Realted Stories

InternationalEarthquake of 2.7 magnitude hits New Jersey, tremors felt in parts of New York

InternationalPhilippines President Marcos calls India visit "productive and constructive"

InternationalUttarakhand Police mobilise massive relief force for Uttarkashi disaster response

InternationalPM Modi announces free e-visas to Filipinos after President Marcos grants visa-free entry to Indians

InternationalPhilippines supports India's request to expedite AITIGA trade review; we hope to conclude process by year-end: MEA