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Opinion

Chart of the day: Retail sales bouncing back?

Chart of the day: Retail sales bouncing back?
May 27, 2015
Chart of the day: Retail sales bouncing back?

After a sustained period of year-on-year growth, retail sales in April 2015 are estimated to have increased by 4.7 per cent compared with April 2014. This was the 25th consecutive month of year-on-year growth, the longest period of sustained growth since May 2008.

Compared with March 2015, the quantity bought in the retail industry is estimated to have increased by 1.2 per cent. All store types except food stores showed growth during the month. The value of sales made online increased by 3.7 per cent compared with March 2015 and accounted for 12.2 per cent of all retail sales in April 2015. Online sales increased by 13.1 per cent compared with April 2014.