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Online sales fell during February as total sales grew by less than level of inflation

March 7, 2023

Via: Charged

Online sales have fallen again in February, as total retail sales on the whole grew by less than the level of inflation.

Shopper spending also slowed year-on-year.

The proportion of sales taking place online was also down on the previous year.

According to the BRC-KPMG Retail Sales Monitor, total retail sales in February grew by 5.2% in the four weeks to 25 February 2023. A year prior, sales grew by 6.7%.

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