The CBI distributive trades survey’s retail sales balance in the UK decreased to -5 in June from -1 in May, the third successive month in which volumes have failed to grow and below market expectations of -3. Retailers expect sales volumes to be broadly unchanged over the year to July. “Retail volumes are struggling as high inflation eats away at consumers’ budgets. The squeeze on household incomes appears to have offset any boost to activity from the extended Platinum Jubilee bank holiday earlier this month.” Said Ben Jones, Lead Economist at the CBI. source: Confederation of British Industry

Cbi Distributive Trades in the United Kingdom averaged 17.55 Net Balance from 1983 until 2022, 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 July of 2022.

Cbi Distributive Trades in the United Kingdom is expected to be -9.00 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 11.00 Net Balance in 2023 and 5.00 Net Balance in 2024, according to our econometric models.

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United Kingdom CBI Distributive Trades



Related Last Previous Unit Reference
Cbi Distributive Trades -5.00 -1.00 Net Balance Jun 2022

United Kingdom CBI Distributive Trades
The Confederation of British Industry (CBI) Distributive Trades Survey (DTS) measures the health of the retail sector. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease.
Actual Previous Highest Lowest Dates Unit Frequency
-5.00 -1.00 72.00 -55.00 1983 - 2022 Net Balance Monthly
NSA

News Stream
UK Retail Sales Contract for 3rd Month: CBI
The CBI distributive trades survey’s retail sales balance in the UK decreased to -5 in June from -1 in May, the third successive month in which volumes have failed to grow and below market expectations of -3. Retailers expect sales volumes to be broadly unchanged over the year to July. “Retail volumes are struggling as high inflation eats away at consumers’ budgets. The squeeze on household incomes appears to have offset any boost to activity from the extended Platinum Jubilee bank holiday earlier this month.” Said Ben Jones, Lead Economist at the CBI.
2022-06-23
UK Retail Sales Top Forecasts: CBI
The CBI distributive trades survey’s retail sales balance in the UK jumped to -1 in May of 2022 from a 13-month low of -35 in April, beating market forecasts of -30. The reading pointed to a broadly flat annual change in retail sales and a modest fall next month (-4). Also, retailers expect their business situation to deteriorate in the next three months (-13), marking the quickest fall in sentiment since November 2020, while investment intentions dropped to the lowest since May 2020 (-34). Also, retailers expect price growth to ease somewhat next quarter (69). “Despite retail sales returning to their average for the time of year in May, the outlook for the sector has worsened due to high inflation and broader economic uncertainty. As a result, retailers are reining in their investment plans for the year ahead to the greatest extent since May 2020", Martin Sartorius, Principal Economist at the CBI, said.
2022-05-24
UK Retail Sales Tumble to 13-Month Low: CBI
The CBI distributive trades survey’s retail sales balance in the United Kingdom tumbled to -35 in April of 2022 from 9 in March, well below market expectations of -3. It was the lowest reading since March 2021, reflecting a cost-of-living squeeze and changes in spending patterns. “Retail sales were below seasonal norms in April as consumer spending continued to shift back towards services and rising prices impacted households’ spending power”, Martin Sartorius, Principal Economist at the CBI, said. “Rapid inflation means that the cost-of-living crisis is going nowhere soon. To combat these challenges, the government will need to keep a close eye on support for vulnerable households and businesses struggling with higher energy prices. Meanwhile, going for growth must continue to be the government’s primary domestic focus, as increasing productivity growth is the only sustainable route to raise living standards”, he added.
2022-04-27