CBI
(The Confederation of British Industry) balance of
retail sales measures the strength of the sector of retail sales by request of the
companies that their sales
have increased or decreased for the period. Increasing value of the indicator signal that most retailers
have increased their sales. This has a positive effect on the nation's currency because they make up a large portion of consumer spending, a key driver of the economy.Saturday, June 14, 2014
CBI Distributive Trades Report
CBI
(The Confederation of British Industry) balance of
retail sales measures the strength of the sector of retail sales by request of the
companies that their sales
have increased or decreased for the period. Increasing value of the indicator signal that most retailers
have increased their sales. This has a positive effect on the nation's currency because they make up a large portion of consumer spending, a key driver of the economy.
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