Distributive Trades Survey: CBI
- 36% of retailers reported an increase in volume of sales compared to a year ago, and 17% a decrease
- Retailers considered sales volumes to be below average for the time of year (-18%), disappointing expectations that they would be in line with seasonal norms (-1%)
- Sales growth is expected to continue losing steam next month, with retailers expecting a slower rise once again in the year to January (+10%)
- Orders placed by retailers upon suppliers rose (+13%) at a similar pace to last month year-on-year (+16%).