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Sunday, August 1, 2021

UK CBI June retailing reported sales 25 vs 11 expected

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UK CBI – June 25

  • Prior 18
  • Total distributive reported sales 40
  • Prior 43

The readings here are an indicator of short-term trends in the retail and wholesale sector of the UK economy. The highest readings since August 2018. Retail stock levels to expected sales hit record lows in June. 

GBP unfazed. I mean if the BoE can’t find a reason to be hawkish, then the GBP is not getting going for anything. Note the reading for this month is not on the chart – it is on the box under ‘actual’ and reads 25.



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