- Prior -32
This marks twelve straight months of falling sales in the UK with a gloomy outlook also still in place for October. The gauge of expected sales for next month fell sharply from -16 to -36, being the lowest estimate since July. CBI notes that:
“Weak demand continues to weigh on sales, while US tariffs are adding pressure for some retailers. Lackluster economic conditions are also affecting the wider distribution sector.”
This article was written by Justin Low at investinglive.com.
