UK retail sales jump in June, stocks dwindle - CBI - Форум о криптовалютах | Майнинг криптовалют | Торговля криптовалютой

RSS News · 25.06.2021, 12:28

© Reuters. FILE PHOTO: People shop in the Selfridges department store on Oxford street, as the coronavirus disease (COVID-19) restrictions ease, in London, Britain April 12, 2021. REUTERS/Henry Nicholls
LONDON (Reuters) - British retailers reported a jump in sales in June as the country's fast vaccination programme encouraged shoppers to go out and spend, the Confederation of British Industry said on Friday.

The CBI's measure of the volume of sales rose to +25 from May's +18, the highest since August 2018, while sales were reported as above seasonal norms - which excludes the effect of last year's lockdown - were the highest in over four years.

"This was the latest sign that the success of the vaccination programme is feeding through to stronger consumer confidence," CBI economist Ben Jones said.

The CBI survey also showed stock levels in relation to expected sales sank to their lowest since records began in August 1983 and no improvement was expected next month.

The Bank of England is keeping a close eye on whether bottlenecks in supply caused by the pandemic lead to longer-term inflation pressures.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

25.06.2021, 12:28	#1
RSS News Member Регистрация: 11.11.2015 Сообщений: 4,552	UK retail sales jump in June, stocks dwindle - CBI © Reuters. FILE PHOTO: People shop in the Selfridges department store on Oxford street, as the coronavirus disease (COVID-19) restrictions ease, in London, Britain April 12, 2021. REUTERS/Henry Nicholls LONDON (Reuters) - British retailers reported a jump in sales in June as the country's fast vaccination programme encouraged shoppers to go out and spend, the Confederation of British Industry said on Friday. The CBI's measure of the volume of sales rose to +25 from May's +18, the highest since August 2018, while sales were reported as above seasonal norms - which excludes the effect of last year's lockdown - were the highest in over four years. "This was the latest sign that the success of the vaccination programme is feeding through to stronger consumer confidence," CBI economist Ben Jones said. The CBI survey also showed stock levels in relation to expected sales sank to their lowest since records began in August 1983 and no improvement was expected next month. The Bank of England is keeping a close eye on whether bottlenecks in supply caused by the pandemic lead to longer-term inflation pressures. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.