The monthly retail sales balance from the Confederation of British Industry (CBI) in the United Kingdom, which measures sales compared to the previous year, climbed to +2 in March 2024, up from -7 in the previous month. The latest reading signaled a slight rebound in British retail sales after a decline over the past 10 months, largely bolstered by increased spending attributed to the earlier timing of Easter. However, retailers anticipate a decline in sales volumes once again in April, despite the prospect of easing inflation supporting retail spending in the future. The CBI survey also revealed that retailers reduced orders to suppliers this month and anticipate doing so again in April. source: Confederation of British Industry
Cbi Distributive Trades in the United Kingdom increased to 2 Net Balance in March from -7 Net Balance in February of 2024. Cbi Distributive Trades in the United Kingdom averaged 16.33 Net Balance from 1983 until 2024, reaching an all time high of 72.00 Net Balance in July of 1984 and a record low of -55.00 Net Balance in December of 2008. This page provides - United Kingdom CBI Distributive Trades- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom CBI Distributive Trades - data, historical chart, forecasts and calendar of releases - was last updated on March of 2024.
Cbi Distributive Trades in the United Kingdom increased to 2 Net Balance in March from -7 Net Balance in February of 2024. Cbi Distributive Trades in the United Kingdom is expected to be -15.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom CBI Distributive Trades is projected to trend around 5.00 Net Balance in 2025, according to our econometric models.