LONDON, May 13 (Reuters) - British retail spending plunged
by nearly a fifth in April as the government's coronavirus
lockdown hammered the sector, and a broader measure of consumer
spending tumbled by more than a third, surveys showed on
Wednesday.
The British Retail Consortium said its members reported a
19.1% drop in total sales last month compared with April last
year, the biggest fall since it began its monthly index in 1995.
Barclaycard, part of Barclays Bank, said credit and
debit card spending plunged by 36.5% compared with a year
earlier as spending on travel, pubs and restaurants collapsed.
British Prime Minister Boris Johnson shut down much of the
economy and ordered people to stay largely at home in late March
in an attempts to slow the spread of COVID-19.
Last week the Bank of England said it was plausible that
both consumer spending and broader economic output would fall by
around a quarter during the three months to June, and that
output for 2020 could suffer its biggest hit in over 300 years.
Over the three months to April, in-store sales of non-food
items plunged by 36.0% while food sales over the period rose by
6.0% as consumers stocked up on essentials for the government's
coronavirus shutdown, the BRC said.
By contrast, online non-food sales leapt by nearly 60% in
April to account for more than two thirds of non-food spending.
"As the lockdown wears on, these new shopping habits – such
as the trend towards online purchases - will become more
entrenched for many consumers," BRC chief executive Helen
Dickinson said.
Barclaycard said spending at pubs and restaurants had fallen
by 97%, but supermarket sales were up by 14% and online spending
on home improvements increased by 27%.
Almost nine in 10 adults have saved money on everyday
expenses since the lockdown began but confidence in Britain's
economy dropped to its lowest for at least six years with just
20% of adults feeling positive, it added.
(Reporting by William Schomberg, editing by David Milliken)