The CBI distributive trades survey’s retail sales balance in the UK tumbled to -20 in September of 2022 from 37 in August, well below market expectations of 10. It was the lowest reading in five months as the cost-of-living crisis continues to weigh on households’ spending. Next month, retailers expect sales volumes to continue to fall, but a slower rate (-13%). “The Government’s announcements this week to support firms on energy costs and setting out their pro-growth agenda should help instil confidence. Businesses are ready to work hand-in-glove with the Government to create broad-based economic growth.” said Martin Sartorius, CBI Principal Economist. source: Confederation of British Industry

Cbi Distributive Trades in the United Kingdom averaged 17.47 Net Balance from 1983 until 2022, 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 September of 2022.

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. In the long-term, the United Kingdom CBI Distributive Trades is projected to trend around -11.00 Net Balance in 2023 and -5.00 Net Balance in 2024, according to our econometric models.

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United Kingdom CBI Distributive Trades



Related Last Previous Unit Reference
Cbi Distributive Trades -20.00 37.00 Net Balance Sep 2022

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
-20.00 37.00 72.00 -55.00 1983 - 2022 Net Balance Monthly
NSA

News Stream
UK Retail Trade Growth at 5-Month Low: CBI
The CBI distributive trades survey’s retail sales balance in the UK tumbled to -20 in September of 2022 from 37 in August, well below market expectations of 10. It was the lowest reading in five months as the cost-of-living crisis continues to weigh on households’ spending. Next month, retailers expect sales volumes to continue to fall, but a slower rate (-13%). “The Government’s announcements this week to support firms on energy costs and setting out their pro-growth agenda should help instil confidence. Businesses are ready to work hand-in-glove with the Government to create broad-based economic growth.” said Martin Sartorius, CBI Principal Economist.
2022-09-23
UK Retail Sales Recover but Firms Remain Pessimistic
The CBI distributive trades survey’s retail sales balance in the UK rose to 37 in August of 2022 from -4 in July, the highest since November last year and easily beating market expectations of -7. Retailers reported solid growth in sales in the year to August and are expecting another firm rise next month (+31). However, sentiment amongst retailers remained gloomy, with firms feeling pessimistic about the business situation over the next three months to the greatest extent since the early phase of the Covid-19 pandemic in May 2020. " This gloom is reflected in retailers’ investment intentions, which continue to be resolutely negative.”, Martin Sartorius, Principal Economist at the CBI, said.
2022-08-25
UK Retail Sales Fall in July, Outlook for August Worsens
The CBI distributive trades survey’s retail sales balance in the UK was at -4 in July of 2022 from -5 in June, showing that retail sales volumes continued to fall slightly for a fourth consecutive month, as consumers struggle to cope with the effects of the cost-of-living crisis. Next month, retailers expect sales to decline at a faster pace (-14%, the lowest reading since March of 2021) and orders are also seen falling more while stock positions are expected to remain “too high”. “For wholesalers, high inflation and weakening economic momentum has meant that sales volumes have now fallen following a solid period of growth stretching back to March 2021. The Government needs to act to inspire business confidence and stimulate growth. Fundamentally reforming both business rates and the apprenticeship levy are crucial starting points to encourage investment, which will play a key role in improving living standards in the long-term”, Martin Sartorius, Principal Economist, said.
2022-07-26