UK Retail Sales Survey Shows Temporary Bounce to Nine Month High in January

The CBI reports retail sales improved to -17 in January from -44 in December. However, retailers expect sales to fall next month with a balance of -30.

Insights:
The Confederation of British Industry reported on Thursday that its monthly retail sales balance in the United Kingdom GBGBrose to -17 in January, up from -44 in December. This reading represents the highest level for the index since April 2025, suggesting a modest recovery in the sector following a difficult end to the previous year. Despite this monthly improvement, the survey highlights that the recovery may be fleeting as retailers prepare for more challenging conditions in the weeks ahead.
People walk on Oxford Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska
People walk on Oxford Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska
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