The CBI distributive trades survey’s retail sales balance in the United Kingdom eased to 18 in May 2021, from a near three-year high of 20 in the previous month and below market forecasts of 30. This was a period when all retailers were once again open for business, but before the full relaxation of restrictions for the hospitality and leisure sectors, which also play a vital role in supporting activity. Meanwhile, investment intentions for the coming 12 months rose at the fastest pace since February 1994, while employment continued to fall sharply in the year to May. By sectors, grocers, non-store retailers, hardware & DIY, and furniture & carpets retailers reported sales significantly above seasonal norms; while sales in clothing and specialist food were below normal. Stock levels in relation to expected sales were seen as too low, and to the greatest extent since the start of the series in 1983. Average selling prices grew at their fastest rate since November 2019. source: Confederation of British Industry
Cbi Distributive Trades in the United Kingdom averaged 17.60 Net Balance from 1983 until 2021, 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 June of 2021.
Cbi Distributive Trades in the United Kingdom is expected to be 20.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Cbi Distributive Trades in the United Kingdom to stand at 5.00 in 12 months time. In the long-term, the United Kingdom CBI Distributive Trades is projected to trend around 9.00 Net Balance in 2022 and 6.00 Net Balance in 2023, according to our econometric models.