The CBI distributive trades survey’s retail sales balance in the United Kingdom came in at +23 in July 2021, little-changed from June's near three-year high of +25 and slightly above market forecasts of +21. The latest reading signaled another solid increase in retail sales volumes in July, the first full month after non-essential shops reopened from a coronavirus shutdown, while new order growth was the fastest since December 2010. Internet sales were flat in the year to July. With growth slowing for the fifth consecutive month, the balance in July was the weakest since the question was first asked in August 2009. Looking ahead, sales are expected to continue growing at a robust pace in August, while orders growth is expected to slow marginally. source: Confederation of British Industry
Cbi Distributive Trades in the United Kingdom averaged 17.63 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 July of 2021.
Cbi Distributive Trades in the United Kingdom is expected to be 9.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.