UK CBI June retailing reported sales -9 vs -10 prior

  • Latest data released by CBI - 26 June 2023
  • Prior -10

Retail sales volumes continued to decline in the year to June, even if the pace has slowed slightly. The expectations reading for the month ahead is for no change (0) at least. However, the continued decline in sales volumes speaks to the difficulty faced by retailers at the moment as high inflation continues to impact demand negatively.

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