UK retail sales drop to lowest level since August 2012 in April 2013, says CBI
date:Apr 26, 2013
nd in sales growth since November, CBI noted.

According to the survey, 37% of retailers said sales were down on their level in April 2012 while 36% reported an increase, giving a balance of -1%.

While grocers recorded first year-on-year rise in sales in three months, clothing and footwear leather retailers saw a strong fall in sales.

CBI Distributive Trades Survey Panel chair Barry Williams said April sales brought frustation for retailers, with on-going stagnation in sales growth.

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