Online sales up in January header image

Online sales grew in January, new figures from the Office for National Statistics have revealed.

The organisation reported an 8.9 per cent increase in internet trade compared to the same month last year.

However, it was slightly down on December 2013, dropping by 3.3 per cent. This was most likely due to the increased amount of online shopping that was carried out over the Christmas period. 

The ONS' figures are lower than statistics reported by the British Retail Consortium and KPMG, which claimed online sales growth hit a five-year high in January.

According to the organisations, internet sales of non-food items rose 19.2 per cent last month when compared to a year earlier.

David McCorquodale, head of retail at KPMG, said online has evolved into the "growth engine" of the entire retail sector and is no longer the "new frontier" for traders.

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