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UK retail sales rise strongly, CBI survey finds
Sales volumes since February last year have beaten expectations, the CBI said
Sales in UK High Street shops have grown strongly since last February, rising at
their fastest pace since June 2012, according to a CBI survey.
The volume of sales easily beat expectations, the business lobbying group said.
Just under half of the CBI Distributive Trades Survey respondents reported sales
volumes up on a year ago, while 8% said sales were down.
Grocers, clothing, and furniture and carpet retailers had strong sales.
A year-on-year dip in employment has not dented retailer optimism, with sales
volumes expected to grow next month.
High Street sales had not been overly affected by extreme UK weather and
widespread flooding, said Barry Williams, Asda chief food merchandising officer
and CBI Distributive Trades Survey chair.
"Overall sales have been remarkably resilient in the face of disruption from the
exceptional weather across the UK, which has badly affected many families and
businesses," said Mr Williams.
About 120 firms took part in the survey.
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