AGL 38.00 Increased By ▲ 0.43 (1.14%)
AIRLINK 132.12 Decreased By ▼ -0.38 (-0.29%)
BOP 5.60 Decreased By ▼ -0.04 (-0.71%)
CNERGY 3.85 Increased By ▲ 0.08 (2.12%)
DCL 8.85 Decreased By ▼ -0.02 (-0.23%)
DFML 40.95 Decreased By ▼ -0.05 (-0.12%)
DGKC 88.29 Decreased By ▼ -1.87 (-2.07%)
FCCL 35.25 Increased By ▲ 0.17 (0.48%)
FFBL 66.45 Decreased By ▼ -0.05 (-0.08%)
FFL 10.36 Increased By ▲ 0.21 (2.07%)
HUBC 109.10 Increased By ▲ 2.70 (2.54%)
HUMNL 14.12 Increased By ▲ 0.72 (5.37%)
KEL 4.84 Decreased By ▼ -0.02 (-0.41%)
KOSM 6.83 Decreased By ▼ -0.02 (-0.29%)
MLCF 41.63 Decreased By ▼ -0.17 (-0.41%)
NBP 59.44 Increased By ▲ 0.86 (1.47%)
OGDC 181.00 Decreased By ▼ -0.25 (-0.14%)
PAEL 25.60 Decreased By ▼ -0.10 (-0.39%)
PIBTL 5.87 Increased By ▲ 0.04 (0.69%)
PPL 147.13 Decreased By ▼ -1.27 (-0.86%)
PRL 23.30 Increased By ▲ 0.08 (0.34%)
PTC 15.48 Increased By ▲ 0.24 (1.57%)
SEARL 68.15 Decreased By ▼ -0.64 (-0.93%)
TELE 7.30 Increased By ▲ 0.06 (0.83%)
TOMCL 35.75 Decreased By ▼ -0.25 (-0.69%)
TPLP 7.46 Increased By ▲ 0.06 (0.81%)
TREET 14.20 Decreased By ▼ -0.04 (-0.28%)
TRG 50.70 Decreased By ▼ -0.15 (-0.29%)
UNITY 26.60 Increased By ▲ 0.20 (0.76%)
WTL 1.22 Increased By ▲ 0.01 (0.83%)
BR100 9,775 Increased By 7.5 (0.08%)
BR30 29,550 Increased By 150.5 (0.51%)
KSE100 92,022 Increased By 84.4 (0.09%)
KSE30 28,730 Decreased By -14.1 (-0.05%)

LONDON: British retail sales volumes slid over the last month at the fastest rate since April last year, underlining the weak state of the consumer economy in the face of strong inflation, a survey showed on Thursday.

The Confederation of British Industry’s (CBI) sales balance, which included a couple of days of the Christmas trading period, fell to -23 from +11 in December’s report, meaning more store chains reported a drop in retail sales than a rise.

The survey pointed to another drop in retail sales next month.

UK income inequality widens after pandemic dip

“Retailers began the new year with a return to falling sales volumes, as the sector continues to face the twin headwinds of rising costs and squeezed household incomes,” CBI Martin Sartorius said.

The survey of 59 retailers - mostly large store chains – was conducted between Dec. 22 and Jan. 13.

Comments

Comments are closed.