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21.12.2010 Internet now accounts for 10.5% of all retail sales in UK

Official retail figures for November show internet sales at an all-time high, accounting for 10.5% of total retails sales in the UK - up 2.6 percentage points year on year. According to the Office for National Statistics (ONS), internet sales accounted for £660m a week in the country, out of total weekly retail sales of £6.3bn, excluding fuel. The continued growth of internet retailing is stark, growing at 3.5 times the rate of the whole sector month to month. Internet sales rose 37.5% from October to November, with all retailing growing by just 10.2%. The annual trend shows even greater growth, with retail sales growing more than 10 times more quickly. Compared to November 2009, internet retail grew by 36.6%, compared to all retail growth of just 3.4%.

B.L. 21.12.2010