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%)

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