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UK September CBI retailing reported sales 4 vs -27 prior

The headline reading is the highest since May, so that’s a welcome rebound in retail sales balance. At the same time, expected retail sales for October also moved higher to 5 and that is up from -17 in September. It is the highest reading for the expectations balance since April 2023. That’s a positive signal for UK retail sales activity as we look towards the year-end holiday period.

This article was written by Justin Low at www.forexlive.com.

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