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. source: Confederation of British Industry

Cbi Distributive Trades in the United Kingdom averaged 18.07 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 November of 2020.

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 9.00 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
-25.00 -23.00 72.00 -55.00 1983 - 2020 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-25 10:00 AM Aug -6 4 8 11
2020-09-24 10:00 AM Sep 11 -6 -10 -12
2020-10-27 11:00 AM Oct -23 11 1 -6
2020-11-24 11:00 AM Nov -25 -23 -35 -32
2020-12-21 11:00 AM Dec -25 -4
2021-01-28 11:00 AM Jan
2021-02-25 11:00 AM Feb
2021-03-25 11:00 AM Mar


News Stream
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
UK Retail Sales Fall Unexpectedly in October: CBI
The CBI distributive trades survey’s retail sales balance dropped to -23 in October 2020, from the previous month's 18-month high of +11 and well below market expectations of +1. The latest reading signaled a further loss of momentum in the economy as coronavirus cases pick up and restrictions are tightened across many parts of the country. Grocery volumes were flat, following five months of strong growth. Across non-food retail categories, department stores, clothing and ‘other normal goods’ were among those reporting falling sales, while retailers of furniture, DIY and recreational goods reported strong growth. Internet sales growth also picked back up to the long run average. Looking ahead, sales volumes and orders are expected to decline again in November.
2020-10-27
UK Retail Sales Growth at 18-Month High: CBI
The CBI distributive trades survey’s retail sales balance jumped to +11 in September 2020, the highest reading since April 2019 and well above market expectations of -10, suggesting that the recovery in retail spending over the summer months has continued. Grocers were the primary driver of the expansion, with the overwhelming majority reporting rising sales volumes. Looking ahead to next month, the volume of sales is expected to be broadly stable in the year to October.
2020-09-24
UK CBI Retail Sales Gauge Unexpectedly Falls
The CBI distributive trades survey’s retail sales balance dropped to -6 in August 2020 from an over year high of +4 in the previous month and well below market expectations of +8. The latest figure pointed to a slight fall in retail sales compared to a year ago, which comes after broadly flat sales in the year to July, while a faster fall is expected next month. The decline was broad-based across sectors, with only grocers, furniture & carpets, non-store and ‘other’ goods sales seeing growth. In addition, the survey showed retail employment dropped at the fastest rate since February 2009, with an even sharper decline anticipated in the year to September.
2020-08-25

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.