Deloitte comments on ONS retail sales figures
Commenting on today’s ONS retail sales figures, Cande Cooper, retail partner at Deloitte, said:
“Retail sales volumes grew month-on-month in July, with the hot weather and a host of sporting and cultural events encouraging consumers to spend. While inflation persists, particularly in food, we are seeing consumers prioritising small luxuries such as clothing and beauty, as well as spending on experiences.
“The outlook for retail is a mixed bag. While July sales growth was strong, and non-store retailers did well, many consumers are expecting to spend less on both essentials and discretionary items in Q3 2025. To continue enticing price-sensitive consumers to spend, retailers need to respond to changing customer preferences by offering competitive pricing and focusing on value.”
ENDS
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