- CBI retail sales balance rose to 61% in December, the highest since 1988
Market news
19 December 2014
CBI retail sales balance rose to 61% in December, the highest since 1988
The Confederation of British Industry released its monthly Distributive Trades survey today. The CBI retail sales balance jumped to 61% in December from 27% in November, exceeding expectations for an increase to 30%. That was the highest level since January 1988.
The increase was largely driven by "Black Friday" price cuts.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page