According to a survey of the British Confederation of Industrialists (CBI), the balance of total retail sales (Retail sales volume balance) was 8% in October compared with 3% a month earlier. However analysts predicted that figure will rise to 6%.
Worth noting that this second increase in the index, after falling for four consecutive months. According to preliminary data CBI, in November, the balance of total retail sales will reach 19% (the maximum value from July 2007).
British Confederation of Industrialists represents the interests of 20 000 enterprises, which provide 40% of employment in the retail sector. The October survey is based on survey 136 companies.
Worth noting that this second increase in the index, after falling for four consecutive months. According to preliminary data CBI, in November, the balance of total retail sales will reach 19% (the maximum value from July 2007).
British Confederation of Industrialists represents the interests of 20 000 enterprises, which provide 40% of employment in the retail sector. The October survey is based on survey 136 companies.
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