The CBI distributive trades survey’s retail sales balance in the UK was at -4 in July of 2022 from -5 in June, showing that retail sales volumes continued to fall slightly for a fourth consecutive month, as consumers struggle to cope with the effects of the cost-of-living crisis. Next month, retailers expect sales to decline at a faster pace (-14%, the lowest reading since March of 2021) and orders are also seen falling more while stock positions are expected to remain “too high”. “For wholesalers, high inflation and weakening economic momentum has meant that sales volumes have now fallen following a solid period of growth stretching back to March 2021. The Government needs to act to inspire business confidence and stimulate growth. Fundamentally reforming both business rates and the apprenticeship levy are crucial starting points to encourage investment, which will play a key role in improving living standards in the long-term”, Martin Sartorius, Principal Economist, said. source: Confederation of British Industry

Cbi Distributive Trades in the United Kingdom averaged 17.51 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 August of 2022.

Cbi Distributive Trades in the United Kingdom is expected to be 11.00 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 -4.00 -5.00 Net Balance Jul 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
-4.00 -5.00 72.00 -55.00 1983 - 2022 Net Balance Monthly
NSA

News Stream
UK Retail Sales Fall in July, Outlook for August Worsens
The CBI distributive trades survey’s retail sales balance in the UK was at -4 in July of 2022 from -5 in June, showing that retail sales volumes continued to fall slightly for a fourth consecutive month, as consumers struggle to cope with the effects of the cost-of-living crisis. Next month, retailers expect sales to decline at a faster pace (-14%, the lowest reading since March of 2021) and orders are also seen falling more while stock positions are expected to remain “too high”. “For wholesalers, high inflation and weakening economic momentum has meant that sales volumes have now fallen following a solid period of growth stretching back to March 2021. The Government needs to act to inspire business confidence and stimulate growth. Fundamentally reforming both business rates and the apprenticeship levy are crucial starting points to encourage investment, which will play a key role in improving living standards in the long-term”, Martin Sartorius, Principal Economist, said.
2022-07-26
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