UK retail sales suffer September setback - CBI

UK retail sales suffer September setback - CBI
 

British retail sales unexpectedly fell this month after a strong showing in August, a survey by the Confederation of British Industry showed on Tuesday, contrasting with generally robust figures since June's vote to leave the European Union.
The CBI distributive trades survey's retail sales balance dropped to -8 in September from a six-month high of +9 in August, below all forecasts in a Reuters poll of economists.
Retailers surveyed by the CBI expected sales to recover in October, but still cut orders with suppliers for a sixth month in a row.
"Consumer confidence has been dented... read more

 
27 September 2016 in Business, Views: 27
Source: Reuters
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