The CBI distributive trades survey’s retail sales balance in the UK plunged 34 points from a month earlier to -23 in January 2023, worse than market expectations of -5 and pointing to a sharp decline in retail sales at the start of the year, according to the CBI’s latest quarterly Distributive Trades Survey. It was also the weakest reading since last April, as the retail sector continued to face the twin headwinds of rising costs and squeezed household incomes. Meanwhile, orders placed upon suppliers were down sharply (-32 vs -21 in December), while retailers viewed stocks in January to as elevated relative to expected sales, and to a greater extent than last month (23 vs 16). source: Confederation of British Industry

Cbi Distributive Trades in the United Kingdom averaged 17.29 Net Balance from 1983 until 2023, reaching an all time high of 72.00 Net Balance in July of 1984 and a record low of -55.00 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 January of 2023.

Cbi Distributive Trades in the United Kingdom is expected to be -23.00 Net Balance by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United Kingdom CBI Distributive Trades



Calendar GMT Actual Previous Consensus TEForecast
2022-12-21 11:00 AM Dec 11 -19 -23 -23
2023-01-26 11:00 AM Jan -23 11 -5 -16
2023-02-24 11:00 AM Feb -23 -14


Related Last Previous Unit Reference
Cbi Distributive Trades -23.00 11.00 Net Balance Jan 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-23.00 11.00 72.00 -55.00 1983 - 2023 Net Balance Monthly
NSA

News Stream
UK Retail Sales Sharply Down in January: CBI
The CBI distributive trades survey’s retail sales balance in the UK plunged 34 points from a month earlier to -23 in January 2023, worse than market expectations of -5 and pointing to a sharp decline in retail sales at the start of the year, according to the CBI’s latest quarterly Distributive Trades Survey. It was also the weakest reading since last April, as the retail sector continued to face the twin headwinds of rising costs and squeezed household incomes. Meanwhile, orders placed upon suppliers were down sharply (-32 vs -21 in December), while retailers viewed stocks in January to as elevated relative to expected sales, and to a greater extent than last month (23 vs 16).
2023-01-26
UK Retail Trade Unexpectedly Rebounds
The CBI distributive trades survey’s retail sales balance in the UK surged 30 points from a month earlier to +11 in December 2022, easily beating market expectations of -23 and pointing to a solid increase in retail sales at the end of 2022, according to the CBI’s latest quarterly Distributive Trades Survey. Meanwhile, firms expected to report a sharp decline in retail trade next month as consumer spending is set to be hit hard by high inflation in 2023. In addition, data showed online retail sales fell at a firm pace (-22 vs -5 in November), with an even steeper decline expected next month, while firms considered stocks to be “too high” relative to expected sales, but to a lesser extent than last month (+16 vs +22).
2022-12-21
UK Retail Trade Drops in November: CBI
The CBI distributive trades survey’s retail sales balance in the UK slumped 37 points to -19 in November 2022, pointing to a sharp decline in sales, according to the CBI’s latest quarterly Distributive Trades Survey. In addition, firms anticipated a similar rate of sales decline next month. Retailers remained pessimistic about their business prospects for the next three months, with employment numbers declining for the first time since August 2021 and investment intentions worsening to the greatest extent since May 2020. On the price front, selling prices rose extremely quickly in the year to November, at a pace just shy of the 37-year high recorded in the previous quarterly survey.
2022-11-28