UK retail sales volume dropped -1.4% mom in September, much worse than expectation of -0.5% mom. Sales values dropped -1.4% mom too. On a year earlier, sales volumes dropped -6.9% yoy while sales value rose 3.8% yoy.
Excluding fuel, sales volumes dropped -1.5% mom while sales values dropped -0.4% mom. On a year earlier, sales volume was down -6.2% yoy while sales value was up 3.3% yoy.
Comparing with pre-coronavirus level in February 2020, total retail sales were 12.0% higher in value terms but volumes were -1.3% lower.
