• CBI retail sales balance rose to 61% in December, the highest since 1988

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19 diciembre 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.

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