Latest data released by UK CBI – 25 May 2021
- Prior 20
- Total distributive reported sales 43
- Prior 30
A bit of a miss on the headline reading and that suggests some slowing in retail sales after the flurry of demand seen in April after lockdown measures were lifted. CBI notes that:
“The fact that sales were in line with seasonal norms is a definite improvement from earlier in the year, but this month’s survey was perhaps a touch disappointing after April’s stronger results.”
The readings here are an indicator of short-term trends in the retail and wholesale sector of the UK economy.
Source: https://www.forexlive.com/news/!/uk-cbi-may-retailing-reported-sales-vs-25-expected-20210525
More from Forexlive RSS Breaking News Feed
Oil slumps further after the surge in energy prices cools
Source Node: 1119356
Time Stamp: Oct 7, 2021
The CHF was the strongest currency for the week. The NZD was the weakest.
Source Node: 1854812
Time Stamp: Jun 12, 2021
Forexlive Americas FX news wrap: Can you check that Michigan Consumer Sentiment index?
Source Node: 1864360
Time Stamp: Aug 13, 2021