British retail sales growth declined in September by less than had been forecast in a poll of economists by Reuters following a strong summer, according to the Confederation of British Industry's (CBI) monthly retail sales index. The index fell 0.1 percent from August and was down 0.2 percentage points on an annual basis.
British retail sales growth declined in September by less than had been forecast in a poll of economists by Reuters following a strong summer, according to the Confederation of British Industry's (CBI) monthly retail sales index. However, the retail sector remains vulnerable to a series of challenges such as stagnant household incomes and digital disruption, said Anna Leach, the CBI's head of economic intelligence.