March 2017 UK CBI distributive trade sales 9 vs 5 exp

March 2017 UK CBI distributive trade report for the retail sector 23 March 2017

  • Prior 9

  • Total sales 32 vs 20 exp. Prior 25

  • Annual sales 9 vs 9 prior

  • 3m annual sales 3 v s12 prior

  • Supplier orders -10 vs -11 prior

  • Sales for time of year -6 vs -3 prior

  • Expected volume of annual sales 16 vs 5 prior

  • Expected sales for time of year 5 vs -1 prior

It looks good from the headline numbers but there's some cautionary items in the underlying components.

The CBI say that retailers are being squeezed by higher prices on one side and increased competition on the other.

CBI total sales

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