UK retail sales improved in the year to November, according to the latest CBI distributive trends survey, after six months of declines. Almost half (44%) of retailers now expect sales volumes to increase in the year to December, while just 23% expect sales to decline. Online sales growth slowed to its slowest pace since June however, while wholesale sales fell at their sharpest rate in over seven years.
UK retail sales improved in the year to November, according to the latest CBI distributive trends survey, after six months of declines. Almost half (44%) of retailers now expect sales volumes to increase in the year to December, while just 23% expect sales to decline. Online sales growth slowed to its slowest pace since June however, while wholesale sales fell at their sharpest rate in over seven years.
