The CBI distributive trades survey's retail sales balance dropped to -3 in March 2020 from +1 in the previous month, still beating market expectations of -12. The coronavirus hit demand for most products, with sales of clothing, furniture and ‘other normal goods’, such as flowers, jewellery, cards etc., falling the most in the year to March. On the other hand, grocers reported exceptionally strong growth in sales volumes, as did specialist food and drink firms, as households are stockpiling groceries in response to the spread of the Covid-19 and the introduction of social distancing. Looking ahead, retail sales are expected to fall sharply in the year to April, with retailers more pessimistic than at any time since April 2009.

Cbi Distributive Trades in the United Kingdom averaged 18.81 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 March of 2020. source: Confederation of British Industry

Cbi Distributive Trades in the United Kingdom is expected to be -14.00 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 -17.00 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
-3.00 1.00 72.00 -55.00 1983 - 2020 Net Balance Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-12-19 11:00 AM CBI Distributive Trades Dec 0 -3 3 1
2020-01-28 11:00 AM CBI Distributive Trades Jan 0 0 3 5
2020-02-25 11:00 AM CBI Distributive Trades Feb 1 0 4 2
2020-03-25 11:00 AM CBI Distributive Trades Mar -3 1 -12 -14
2020-04-24 10:00 AM CBI Distributive Trades Apr -3 -30
2020-05-25 10:00 AM CBI Distributive Trades May -40
2020-06-25 10:00 AM CBI Distributive Trades Jun -36
2020-07-24 10:00 AM CBI Distributive Trades Jul


News Stream
UK Retail Sales Fall Less than Forecast: CBI
The CBI distributive trades survey's retail sales balance dropped to -3 in March 2020 from +1 in the previous month, still beating market expectations of -12. The coronavirus hit demand for most products, with sales of clothing, furniture and ‘other normal goods’, such as flowers, jewellery, cards etc., falling the most in the year to March. On the other hand, grocers reported exceptionally strong growth in sales volumes, as did specialist food and drink firms, as households are stockpiling groceries in response to the spread of the Covid-19 and the introduction of social distancing. Looking ahead, retail sales are expected to fall sharply in the year to April, with retailers more pessimistic than at any time since April 2009.
2020-03-25
UK Retail Sales Gauge Hits 10-Month High
The Confederation of British Industry's monthly retail sales gauge rose to +1 in February 2020 from 0 in the previous month, missing market expectations of +4. Still, it was the highest reading since last April, with firms planning to boost investment in the year ahead for the first time in two years. The gauge for volume of orders placed on suppliers improved (-13 vs -17), while that for volume of sales for time of the year fell (-14 vs -7). Meanwhile, the level of expected volume of annual sales dropped into negative territory (-3 vs 0).
2020-02-25
UK CBI Retail Gauge Steady in January
The Confederation of British Industry's monthly retail sales gauge held steady at 0 in January 2020, below market expectations of +3, as retail sales volumes were flat for the third consecutive month and are set to remain unchanged in February. Meanwhile, orders placed with suppliers fell, with the pace of decline accelerating from December and retailers expecting a further fall next month. Still, growth in internet sales picked up to the long-run average and is expected to accelerate slightly further in February. By sub-sector, the biggest positive contribution to volumes growth came from non-specialised stores (i.e. department stores). This was offset by negative contributions from retailers of other normal goods (i.e. jewellery, flowers and watches), household furniture, and from hardware & DIY stores.
2020-01-28
UK Retail Sales Gauge Points to Stabilisation: CBI
The Confederation for British Industry's monthly retail sales balance rose three points from a month earlier to zero in December 2019, the highest level since April, but below market expectations of +3. The latest reading still signalled flat sales overall, with the volume of orders placed on suppliers falling for the eight consecutive month (-10 vs -9). Meanwhile, the gauge for expected retail sales dropped sharply to +1 from +21, with the new order outlook declining again into negative territory (-4 vs +12).
2019-12-19

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.