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.
