UK retailers expect sales volume to decline more markedly next month as consumers struggle to cope with the effects of the cost of living crisis, the Distributive Trades Survey results from the Confederation of British Industry showed on Tuesday.
A net 4 percent of retailers reported a fall in sales volume in July compared to -5 percent in June. This was the fourth consecutive month in which sales volumes have failed to grow.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.