UK May CBI retailing reported sales -10 vs 10 expected 0 (0)

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Retail sales volumes dipped again in May, after a return to growth in the previous month. The slight positive is that retailers do expect sales volumes to stabilise next month as the month ahead expectations reading came in at 0. But once again, the report here highlights the struggles faced by retailers amid high inflation.

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

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