UK Retail Sales Contract at Slowest Pace in 18 Months
The CBI’s retail sales volume balance improved to -10 in the year to October from -55 in September, its slowest contraction since April 2025.
According to the latest distributive trades survey from the Confederation of British Industry, retail sales volumes in the year to October contracted at the slowest pace since April 2025, with the weighted balance improving to -10 from -55 in September. Consensus had been for a far more subdued sho…