UK March CBI retailing reported sales -3 vs -15 expected

Author: Justin Low | Category: News

Latest data released by CBI - 25 March 2020

  • Prior 1
  • Total distributive reported sales 5 vs -10 expected
  • Prior 7
Just take note that the survey was conducted between 26 February and 13 March, so this hardly reflects all the current virus containment measures in the UK.

Still, retail sales appear to be weak this month and the outlook certainly isn't going to be much better considering the current economic conditions across the globe.

The readings here are an indicator of short-term trends in the retail and wholesale sector of the UK economy.

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