Trade data for retail and wholesale distribution sector.
- Prior 34
- Sales expectations balance for Feb 15 vs 29 in Jan
Virtually no reaction from the pound but it further highlights that the Dec retail sales weren’t as strong under the surface, and comes with another warning on weak wage growth.
While retailers predict some modest growth ahead, the prospect of continually slow pay growth is likely to mean cautious consumers for some time to come,” said Barry Williams at the CBI
UK distributive trades 23 01 2014
