Track UK CBI Realized Sales to gauge consumer spending trends, crucial for retail sector insights and economic forecasts.
This is a key indicator of consumer spending as it reflects how retailer and wholesaler sales are affected by consumer purchasing activity. A reading above 0 signifies an increase in sales volume, while a reading below 0 indicates a decrease. Note that the calculation method was revised in July 2009.
What it Measures
It represents the level of a diffusion index derived from surveys conducted with retailers and wholesalers.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is considered favorable for the currency.
Source & Frequency
Confederation of British Industry (latest release) - https://www.cbi.org.uk/ • This data is published monthly, typically at the end of the month.
How Data is Derived
Survey of about 125 retail and wholesale companies which asks respondents to rate the relative level of current sales volume
Also Known As
Distributive Trades Survey
Acronym
Confederation of British Industry (CBI)