Forex
globalreutersJanuary 24, 20251 Mins read
UK January CBI retailing reported sales -24 vs -15 prior
globalreutersJanuary 24, 20251 Mins read UK retailers reported a sharp drop in sales volumes to start the year as the glum mood continues since last year. The expected sales for next month also fell from -11 to -26, highlighting that retailers do not expect their fortunes to improve in February. CBI notes that:
“Retailers cited weak demand and downbeat sentiment as continuing strains on business conditions.”
This article was written by Justin Low at www.forexlive.com.
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