30 May 2012

CBI reports jump in retail sales

A survey from the Confederation of British Industry (CBI) has shown a welcome jump in retail sales volumes as well as increased recruitment activity in the sector. Measuring the percentage of retailers reporting an increase in sales volumes minus those reporting a fall, the CBI's survey, which covered the first two weeks of May, showed a surge from a level of -6 in April to +21 in May. This is the most robust growth since April 2011... read more

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