UK retailers expect sales to decline next month and remained pessimistic about the business outlook, survey results from the Confederation of British Industry showed Thursday.
A net 2 percent of retailers said their sales volume increased in the year to February, the Distributive Trades Survey showed. This was better than the -23 percent registering a fall in sales in January and economists' forecast of -13 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.