UK CBI realized sales dropped to -55, record low
<p>UK CBI realized sales dropped sharply form -3 to -55 in April, hitting a joint record low with December 2008. A net balance of -55% retailers reported decline in sales. They also expect a similar pace of decline in May, at balance of -54%, weakest expectations on record. Rain Newton-Smith, CBI Chief Economist, said: “It’s […]</p>
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