As reported by the British Retail Consortium (BRC), in the period from April to June inclusive, retail sales rose by 28.4 percent. higher than in the same period last year, which means the highest increase in history. However, since most of this period in 2020 there were closures and stores were closed, except for those selling basic necessities, the comparison with 2019 is more reliable. Compared to the second quarter of 2019, retail sales increased by 10.4 percent, the highest increase Quarterly since 2019. Particularly good data was recorded in June, when sales were up 13.1 percent. higher than in June 2019

The second quarter of 2021 saw exceptional growth, as the gradual opening of the British economy unleashed the backlog of demand that had built up due to previous lockdowns. Although the pace of growth in food sales began to slow in June, non-food sales were boosted by increased consumer confidence and continued consumer demand, British Retail Council Chair Helen Dickinson said.

– Many people went on vacation or cheaper vacations in the country, which means they have less money to spend in stores, which led to a strong increase in sales in stores in June. She added that clothing and footwear sales were going well due to the sunny weather in the first half of June, and the start of Euro 2020 gave a boost to purchases of television, snacks and beer.

Stores other than those selling basic necessities opened as part of the second phase of recovery from the shutdown in early April. In early May, the Bank of England raised its forecast for economic growth for this year in Great Britain to 7.25%, which would be the best result since 1949.

See also  Angered by the billionaire brothers Asda heading to a Jersey tax haven

INTERIA.PL Business on Twitter. Join us and read the economic news