CBI reports higher retail sales in July

The latest distributive trades survey from the CBI shows 47 percent of retailers reported increased sales volumes in July, while 23 percent reported falls. This left a positive balance of 24, an improvement on June’s 15.

However, the CBI said the latest data suggest the pace of retail sales growth is slackening and that sales in August will be no better than average.

NB

The BikeBiz barometer survey is still on hold until we get a further five IBDs onboard. Please sign up at the Barometer hyperlink below.