UK CBI Feb retail sales report now out 22 Feb

  • +14 prev
  • expectations balance for March +27 vs 14 prev, a 3mth high

The CBI Distributive Trades Survey released by the Confederation of British Industry is an indicator of short-term trends in the UK retail and wholesale distribution sector.

Not Tier 1 but all part of your back ground story and is looked at by BOE. CBI pointing the decline toward higher inflation/prices/lower consumer disposable income and that remains the main story.

GBPUSD lower again at 1.3885 with GBPJPY turning lower again to 149.05