According to a survey of the British Confederation of Industrialists (CBI), the balance of total retail sales (Retail sales volume balance) was 13% for November compared with 8% a month earlier. However analysts have predicted that figure will increase to 11% over the reporting period.
It should be noted that this maximum value of the index since November 2007. According to preliminary data CBI, in December, the balance of total retail sales will increase to 19%.
British Industrialists Confederation represents the interests of 20 000 enterprises, which provide 40% of employment in the retail sector. The November survey is based on survey 158 firms.
It should be noted that this maximum value of the index since November 2007. According to preliminary data CBI, in December, the balance of total retail sales will increase to 19%.
British Industrialists Confederation represents the interests of 20 000 enterprises, which provide 40% of employment in the retail sector. The November survey is based on survey 158 firms.
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