November 2016 UK CBI distributive trades report 25 November 2016
Prior 21
Total sales 34 vs 11 exp. Prior 26
Supplier orders 6 vs -3 prior
Sales for time of year 24 vs 6 prior
Expected sales for Dec 23 vs 21 prior
Expected sales for time of year Dec 21 vs 3 prior
Looks like we could have a good month for retail sales and with the added Black Friday event (which now runs for about 2 weeks), there's reasons to be optimistic, at least until Dec/Jan sales tumble ;-)
With the huge increase in online sales and these new-ish sales events, the holiday shopping season is no longer confined to just one month. In reality we've got to take sales from around Nov-Jan to get a good sense of consumer spending.
UK CBI distributive sales
