A slight rise in retail sales volumes

Sales on the high street grow marginally: CBI Distributive Trades Survey

  • 33% of retailers reported that sales volumes were up on a year ago, and 27% stated that sales had fallen – an improvement on last month’s weaker performance
  • Looking ahead, retailers expect somewhat faster sales growth in the year to October
  • While the volume of orders placed on suppliers was broadly flat (+2%), this was still a marked improvement from last month’s year-on-year fall (-11%) and beat expectations of another decline (-8%)
  • For the fifth consecutive month, high street retailers considered the volume of sales to be significantly below average for the time of year
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