Retail sales pick up but business conditions deteriorate

Tepid trading conditions take their toll on hiring and optimism
Retail sales picked up in the year to November following a significant dip in October. The latest CBI Quarterly Distributive Trades Survey has seen the strongest growth in average selling prices in over 26 years in the year to November, with similar price growth expected next month. Orders placed with suppliers rose at a solid rate over the year and are set to grow at a similar pace next month. Looking at individual sectors, grocers and clothing retailers reported robust sales. But tepid trading conditions for the retail sect... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...