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Adobe Digital Economy Index:UK Online Spending Hits Record High of £10 Billion
The report reveals that UK consumers spent a record £10 billion online in July - the highest monthly spend in 2021 so far, and the most spent in July ever. This brings the UK’s year-to-date online spending to £64.9 billion, up 18% YoY and 56% compared with the same period in 2019.
The analysis, which is based on anonymised and aggregated transaction data from UK retailers, is the most comprehensive report of its kind and shows that the shift to ecommerce, brought about by the pandemic, is here to stay.
Download the report now to get the latest insights, including:
- Online spending in July remained heightened despite re-openings and "freedom day” (July 19, 2021).
- Given the state of online demand, overall online inflation is up, and being driven by grocery, home & garden, books, and other categories.
- Returning to the office has spiked sales for office clothing, however, casual-wear and smart-casual clothing remains in high demand, also.
- While the recent heatwave brought a staggering surge in products to help manage the higher temperatures, product purchases swung sharply as floods began impacting the country.
- Volatility associated with the pandemic has prompted some travelers to stay local, lifting online spend on camping gear and swimwear.
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