UK January CBI retailing reported gross sales -24 vs -15 prior

UK retailers reported a pointy drop in gross sales volumes to begin the yr because the glum temper continues since final yr. The anticipated gross sales for subsequent month additionally fell from -11 to -26, highlighting that retailers don’t count on their fortunes to enhance in February. CBI notes that:

“Retailers cited weak demand and downbeat sentiment as persevering with strains on enterprise circumstances.”

This text was written by Justin Low at www.ubaidahsan.com.



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