Consumer retail spending on clothing related products and services continued its sharp growth using both Office for National Statistics preferred measures. The chained volume measure stood at £16.5bn for q3 in 2015 whilst the current price indicator stood at £16.6bn. Both measures were below £13bn in q1 2010 showing how the UK consumer has increased spending in recent years.
Figure 1: Quarterly Consumer Retail Spending on Clothing by Chained and Current measures (both seasonally adjusted) £mSource: Office for National Statistics
Using the chained value measure to breakdown this spending, £12.5bn was spent on garments themselves with the next greatest shoes and other footwear at £2.54bn. Over £1bn was spent on other articles of clothing and clothing accessories.
Figure 2: Breakdown of consumer spending by product group (Chained Volume Measure) in q3 2015
Source: Office for National Statistics