UK December CBI retailing reported sales 11 vs -23 expected

  • Latest data released by UK CBI - 21 December 2022
  • Prior -19

UK retail sales unexpectedly picked up in December but the sales balance for January is seen falling back to -17. That points to expectations that consumer spending will slide again to start 2023 as cost-of-living pressures continue to permeate across the UK economy.

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