In quantity term, UK retail sales dropped sharply by -5.1% mom in March, a record contraction since the series began. Ex-fuel sales dropped -3.7% mom. Over the year, total sales dropped -5.8% yoy while ex-fuel sales dropped -4.1% yoy. In the three months to March, retail sales volume dropped -1.6% 3mo3m. Sales at food stores rose in March, with slight increase in non-store retailing. But non-food stores sales, and fuels recorded steep decline.
