• UK retail sales volumes well above average - CBI

Market news

25 November 2016

UK retail sales volumes well above average - CBI

The survey of 126 firms, of which 61 were retailers, showed that sales volumes for the time of year were considered well above average and are expected to grow at a broadly similar pace in December.

The volume of orders placed upon suppliers inched up for the first time in eight months with a further slight increase expected for the year to December.

The increase in retail sales volumes was driven by the clothing and non-store goods sectors, as well hardware and DIY. Growth in internet sales volumes increased at a healthy pace over the same period, with expectations for growth in the year to December the strongest for two years.

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 disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.