Retail sales stabilise in February

Retail sales stabilise in February – CBI survey

  • 34% of retailers reported an increase in their volume of sales in the year to February
  • 36% said they had seen a reduction.
  • The resulting balance of -2% represents an improvement on last month’s survey (-22%) and exceeded expectations (-10%)
  • The growth in the volume of orders placed upon suppliers was better than anticipated, although it remained weak (-4%)
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s