image credit: Unsplash

Online sales volumes saw largest drop in history last month

June 9, 2021

Via: Charged

Online retail sales saw their largest drop in volumes ever recorded last month, falling nearly 10 per cent as consumer confidence returns to pre-lockdown levels.

UK online retail sales fell by 9.1 per cent in May compared to the same period a year earlier, when they skyrocketed 61 per cent.

According to the IMRG Capgemini Online Retail Index this is the largest decline in sales volumes on record, falling well below the three-month, six-month and 12-month average growth rates of 25.2, 44.3 and 47 per cent respectively.

Read More on Charged