The CBI distributive trades survey’s retail sales balance jumped to +4 in July 2020 from -37 in the previous month, its highest since April 2019 and well above market expectations of -25. Still, the latest reading signaled only modest year-on-year growth in sales as the COVID-19 pandemic continued to hurt the sector. Also, retailers expect a slightly weaker performance in August.

Cbi Distributive Trades in the United Kingdom averaged 18.33 Net Balance from 1983 until 2020, 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 August of 2020. source: Confederation of British Industry

CBI Distributive Trades in the United Kingdom is expected to be -24.00 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 12.00 in 12 months time. In the long-term, the United Kingdom CBI Distributive Trades is projected to trend around 7.00 Net Balance in 2021 and -4.00 Net Balance in 2022, according to our econometric models.

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United Kingdom CBI Distributive Trades

Actual Previous Highest Lowest Dates Unit Frequency
4.00 -37.00 72.00 -55.00 1983 - 2020 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-28 10:00 AM CBI Distributive Trades Apr -55 -3 -40 -30
2020-05-26 10:00 AM CBI Distributive Trades May -50 -55 -50 -48
2020-06-25 10:00 AM CBI Distributive Trades Jun -37 -50 -34 -36
2020-07-28 10:00 AM CBI Distributive Trades Jul 4 -37 -25 -23
2020-08-21 10:00 AM CBI Distributive Trades Aug 4 -10
2020-09-25 10:00 AM CBI Distributive Trades Sep -24
2020-10-28 11:00 AM CBI Distributive Trades Oct
2020-11-25 11:00 AM CBI Distributive Trades Nov


News Stream
UK CBI Retail Sales Gauge Highest in Over a Year
The CBI distributive trades survey's retail sales balance jumped to +4 in July 2020 from -37 in the previous month, its highest since April 2019 and well above market expectations of -25. Still, the latest reading signaled only modest year-on-year growth in sales as the COVID-19 pandemic continued to hurt the sector. Also, retailers expect a slightly weaker performance in August.
2020-07-28
UK Retailers Remain Gloomy in June
The CBI distributive trades survey's retail sales balance rose 13 points from the previous month to -37.0 in June 2020, still below market expectations of -34.0 and far below its level at the start of the year. Non-essential stores were allowed to reopen to the public on June 15th, but most of retailers surveyed between May 27th and June 12th feared that weak consumer demand would hamper recovery from the slump in sales after the lockdown began in late March.
2020-06-25
UK Retail Sales Remain Under Pressure: CBI
The CBI distributive trades survey's retail sales balance rose five points from the previous month to -50 in May 2020, suggesting the pace of decline in trade was little-changed from April when retailers reported the joint-fastest drop since the start of the survey in 1983. The lockdown measures due to COVID-19 have hit retailers hard, with 80 percent of companies saying they are facing cash flow difficulties and over a half of them reporting temporarily laying off staff. In addition, retailers said supply disruptions have worsened since April, with a greater share of them reporting shortages of some goods, increased cost pressures, shipping delays and capacity constraints.
2020-05-26
UK Retailers Suffer Worst Month Since 2008
The CBI distributive trades survey's retail sales balance dropped to -55 in April 2020, the lowest level since a record low was registered in December 2008 and well below market expectations of -40. The lockdown measures due to COVID-19 have hit retailers hard, as two fifths have shut up shop completely for now and almost a half reported temporarily laying off staff. Orders placed on suppliers in the year to April also fell sharply, with a similar decline expected next month. In addition, internet sales growth fell close to its weakest since the start of this series in August 2009, the second lowest reading ever, and is expected to remain well below the long-run average next month. Average online prices fell in the year to April, for the first time since this question was introduced in August 2009.
2020-04-28

United Kingdom CBI Distributive Trades
The Confederation of British Industry (CBI) Distributive Trades Survey (DTS) measures the health of the retail sector. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease.