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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-02-26 11:00 AM
CBI Distributive Trades
Feb -7 -50 -47
2024-03-25 11:00 AM
CBI Distributive Trades
Mar 2 -7 -15
2024-04-26 10:00 AM
CBI Distributive Trades
Apr 2 -12


Related Last Previous Unit Reference
Bank Lending Rate 6.25 6.25 percent Mar 2024
CBI Distributive Trades 2.00 -7.00 Net Balance Mar 2024
GfK Consumer Confidence -21.00 -21.00 points Mar 2024
BoE Consumer Credit 1877.00 1257.00 GBP Million Jan 2024
Consumer Spending 348991.00 349266.00 GBP Million Dec 2023
Disposable Personal Income 373135.00 370402.00 GBP Million Dec 2023
Gasoline Prices 1.82 1.78 USD/Liter Feb 2024
Households Debt to GDP 80.60 81.10 percent of GDP Sep 2023
Net Lending to Individuals MoM 791.00 403.00 GBP Million Jan 2024
Personal Savings 10.50 10.30 percent Dec 2023
Retail Sales ex Fuel MoM 0.20 3.40 percent Feb 2024
Retail Sales MoM 0.00 3.60 percent Feb 2024
Retail Sales YoY -0.40 0.50 percent Feb 2024

United Kingdom CBI Distributive Trades
The Confederation of British Industry's (CBI) monthly retail sales balance is a gauge of retail sales versus a year ago. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 -7.00 72.00 -55.00 1983 - 2024 Net Balance Monthly
NSA

News Stream
UK Retail Sales Rise for 1st Time in Almost a Year: CBI
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.
2024-03-25
UK CBI Retail Sales Fall the Least in 10 Months
The Confederation of British Industry's monthly retail sales balance, a gauge of sales versus a year ago, rose to -7 in February 2024 from -50 in January, the slowest fall in 10 months. Companies expressed plans to reduce investment, albeit at the least negative rate seen in two years. Employment continued to decline for the sixth consecutive quarter. However, there is a slightly brighter outlook for the sector as firms showed increased optimism. Selling price inflation for the year up to February was at +54, the lowest since May 2021 and a sharp decrease from +73 in November. Looking ahead, retailers anticipate a slight uptick in the decline of sales in March to -15.
2024-02-26
UK Retail Sales Fall the Most in 3 Years: CBI
The Confederation of British Industry's monthly retail sales balance plunged by 18 points to -50 in January 2024, indicating that the country's retail sales volumes declined at the fastest pace since January 2021, when Britain was in a COVID-19 lockdown. Additionally, the CBI's index for volume sales for the time of the year dropped to -47 in January from -25 in December, marking the lowest level since May 2020. Martin Sartorius, CBI principal economist, noted that "Looking ahead, demand conditions in the sector will remain challenging as higher interest rates continue to feed through to mortgage payments and household incomes.".
2024-01-25