UK November CBI retailing reported sales -19 vs +18 prior

  • Latest data released by CBI - 28 November 2022
  • Prior +18

That's a rough reading as UK retail sales plunged in November, with stores bracing for a difficult December amid the ongoing cost-of-living crisis. Expectations for sales in the coming month also fell to -21 from -9 a month ago and that is the lowest reading since March 2021. That is just another sign that the economic headwinds are intensifying going into the turn of the year.

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