UK DATA: CBI: Sep Retail Sales Fall To Lowest Since..

UK DATA: CBI: Sep Retail Sales Fall To Lowest Since May 2010
–UK CBI: Sep Reported Sales Balance -15% Vs -14% In Aug
–UK CBI: Oct Expected Sales Balance -14% Vs -7% For Sep
–UK CBI: Sep Orders Volume Balance -16% VS -22% In Aug
–UK CBI: Oct Expected Sales Lowest Since Jan 2010
–UK CBI: Sep Orders Vol Balance Lowest Since Sep 2009
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High street sales volumes dipped in Sepetember to hit their lowest
level since May 2010, and October is expected to be another tough month.
The headline reported sales balance was very close to analysts’ median
forecast (-14), with the weakness in UK consumers discretionary spending
now a well established trend.