Home / Market Update / UK CBI Retail Sales Balance Improves to 30 in October

UK CBI Retail Sales Balance Improves to 30 in October

The Confederation of British Industry’s (CBI) latest Distributive Trades Survey showed on Tuesday that the Retail Balance in the UK improved to 30 in October compared to 11 in September. the Sales Expectations Balance advanced to 35 for November, compared to 29 for October. Finally, the stock levels in relation to expected sales dropped to a record low of -23.

Check Also

Bitcoin Pulls Back from Record High as Hot U.S. PPI Data Tempers Fed Easing Bets

Bitcoin retreated on Friday, reversing from record highs above $124,000 as stronger-than-expected U.S. producer price …