The CBI distributive trades survey’s retail sales balance rose five points from the previous month to -45 in February 2021, missing market expectations of -38 and suggesting retail sales orders fell at a softer pace. The trade volumes contraction was also eased from the previous month as Britain remains under its third national lockdown. Among retailers, only grocers saw any growth in volumes in the year to February, with non-store sales flat and other retail sectors reporting sharp declines. Meanwhile, internet sales growth hit a new record. Looking ahead, retailers anticipate an even steeper fall in sales and orders for March, but sentiment for the quarter ahead stabilized. source: Confederation of British Industry

Cbi Distributive Trades in the United Kingdom averaged 17.73 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 February of 2021.

Cbi Distributive Trades in the United Kingdom is expected to be 5.00 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 7.00 in 12 months time. In the long-term, the United Kingdom CBI Distributive Trades is projected to trend around -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
-45.00 -50.00 72.00 -55.00 1983 - 2021 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-24 11:00 AM Nov -25 -23 -35 -32
2020-12-21 11:00 AM Dec -3 -25 0 -4
2021-01-26 11:00 AM Jan -50 -3 -28 -30
2021-02-23 11:00 AM Feb -45 -50 -38 -44
2021-03-25 11:00 AM Mar -45 -60
2021-04-28 10:00 AM Apr
2021-05-26 10:00 AM May
2021-06-25 10:00 AM Jun


News Stream
UK Retail Sales Fall More than Expected: CBI
The CBI distributive trades survey’s retail sales balance rose five points from the previous month to -45 in February 2021, missing market expectations of -38 and suggesting retail sales orders fell at a softer pace. The trade volumes contraction was also eased from the previous month as Britain remains under its third national lockdown. Among retailers, only grocers saw any growth in volumes in the year to February, with non-store sales flat and other retail sectors reporting sharp declines. Meanwhile, internet sales growth hit a new record. Looking ahead, retailers anticipate an even steeper fall in sales and orders for March, but sentiment for the quarter ahead stabilized.
2021-02-23
UK Retail Sales Worst since May: CBI
The CBI distributive trades survey’s retail sales balance fell sharply to -50 in January of 2021 from -3 in December, much worse than market forecasts of -28. It is the lowest reading since May, as restrictions across the UK gradually tightened, with the whole country in a full lockdown by 5 January. Among the sub-sectors, grocers and furniture retailers reported flat sales, while the remaining sub-sectors (including clothing and recreational goods) registered sharp declines. Online sales eased slightly to around the long run average. Meanwhile, the ratio of stocks to expected sales rose but remained below its long run average. Sales are expected to fall at a broadly similar pace next month (-47).
2021-01-26
UK Retail Sales Stabilize in December: CBI
The CBI distributive trades survey’s retail sales balance rose 22 points from the previous month to -3 in December 2020, but missing market expectations of 0. The latest value suggested retail sales volumes recovered after two months of sharp declines to stand broadly flat for the year to December, with retailers viewing sales as good for the time of year to the greatest extent since March 2019. Among sub-sectors, grocers, furniture vendors and retailers of ‘other normal goods’ (cards, flowers and jewelry, etc.) saw strong growth; while clothing, footwear and department stores continued to report that volumes were lower than a year earlier. Meanwhile, orders placed also broadly stabilized after 13 consecutive months of decline. Looking ahead, overall retail sales volumes and orders placed with suppliers are expected to fall sharply in the year to January, with sales expected to be below seasonal norms.
2020-12-21
UK Retail Sales Fall Less than Forecast: CBI
The CBI distributive trades survey’s retail sales balance dropped two points from the previous month to -25 in November 2020, comfortably above market expectations of -35, suggesting that overall retail sales volumes fell at a similar pace to the previous month. However, internet sales grew at the fastest pace since October 2018, suggesting a substitution in spending away from in-store retailing during the month-long lockdown in England from November 5th, which closed all non-essential retail stores. At the same time, retailers reported that employment continued to fall, while investment intentions for the year ahead remained negative. Looking ahead, retailers expect sales volumes to be broadly flat in the year to December.
2020-11-24

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.