Retail trade data from the UK CBI for April 2016
- Prior 7
- Supplier orders -13 vs 5 prior
- Expected sales 9 vs 17 prior
That's the lowest headline sales numbers since Jan 2012.
Not a good report and that will cast some doubt over the main April retail numbers next month.
It's not a number the pound pays too much attention to, as you can see from the price move.