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- The volume of UK sales grew at the fastest pace since September 2015 - CBI
The volume of UK sales grew at the fastest pace since September 2015 - CBI
The survey of 112 firms, of which 57 were retailers, showed that the volume of sales grew at the fastest pace since September 2015 in the year to April, with orders placed on suppliers rising at the strongest rate for a year-and-a-half. Overall, sales for the time of year were considered to be slightly above seasonal norms.
Looking ahead, however, volumes growth is expected to slow in the year to May and sales are tipped to be broadly average for the time of year, with orders expected to be largely unchanged.
Within the retail sector, the clothing and grocers sectors performed particularly strongly, whilst retailers of furniture & carpets and specialist food & drink stores reported a second consecutive month of falling sales.
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