The CBI distributive trades survey’s retail sales balance in the United Kingdom jumped to 20 in April of 2021, the highest reading since June of 2018 and beating market forecasts of -5. Retail sales volumes were viewed as good for the first time in 2021 and are expected to remain above seasonal norms in the year to May, with non-essential retail stores across the UK able to re-open by late-April. Hardware & DIY and furniture & carpets subsectors saw sales significantly above seasonal norms, supported by a consumer focus on home improvement. Grocers and non-store retailers also reported that sales were good for the time of the year. However, clothing and footwear store sales remained well below seasonal norms. 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 May 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.