The CBI distributive trades survey’s retail sales balance in the United Kingdom jumped 9 points from a month earlier to +39 in November 2021, suggesting retail sales were good for the time of year and to the greatest extent since September 2015, according to the latest CBI quarterly Distributive Trades Survey. The report showed that year-on-year retail sales growth accelerated in November, while internet sales fell for the first time in survey history, with both results being affected by base effects due to the tightening of Covid-19 restrictions in November 2020. Growth in orders placed with suppliers remained well above the long-run average and total employment rose for the first time since November 2016, while stock levels in relation to expected sales were seen as broadly adequate for the first time since April, having hit a series of record lows during the previous six months. On the price front, retail selling prices increased at the fastest pace since May 1990. source: Confederation of British Industry
Cbi Distributive Trades in the United Kingdom averaged 17.78 Net Balance from 1983 until 2021, reaching an all time high of 72 Net Balance in July of 1984 and a record low of -55 Net Balance in December of 2008. This page provides - United Kingdom CBI Distributive Trades- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom CBI Distributive Trades - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Cbi Distributive Trades in the United Kingdom is expected to be 15.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom CBI Distributive Trades is projected to trend around 9.00 Net Balance in 2022 and 6.00 Net Balance in 2023, according to our econometric models.