Details of the February 2017 UK CBI distributive trades report 23 February 2017

  • Total sales 25 vs 26 prior

  • Supplier orders -11 vs -3 prior

  • Expected sales 5 vs 13 prior

  • Expected supplier orders -14 vs -4 prior

CBI says investment intentions for the year ahead have turned negative and employment fell at the fastest pace for two years. They expect business to deteriorate over the next 3 months for the first time in over 4 years.

Not a good report at all.