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

Wall Street Rebounds as Risk Appetite Returns to Markets

U.S. stocks regained momentum after the previous day’s pullback, closing higher as investor sentiment improved …