UK retail sales volumes well above average – CBI

The survey of 126 firms, of which 61 were retailers, showed that sales volumes for the time of year were considered well above average and are expected to grow at a broadly similar pace in December.

The volume of orders placed upon suppliers inched up for the first time in eight months with a further slight increase expected for the year to December.

The increase in retail sales volumes was driven by the clothing and non-store goods sectors, as well hardware and DIY. Growth in internet sales volumes increased at a healthy pace over the same period, with expectations for growth in the year to December the strongest for two years.

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