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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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.