UK DATA: CBI July Retail Sales Fall, Lowest Since June 2010
–UK CBI: July Reported Sales Balance -5% Vs -2% In June
–UK CBI: Aug Expected Sales Balance -12% Vs +2% for July
–UK CBI Jul Reported Sales Lowest Since June 2010
–UK CBI Aug Expected Sales Balance Lowest Since June 2010
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High street sales volumes were lower than expected in July as
rising food and petrol prices blunted consumer spending power.