November 2017 UK CBI retail and distributive trade sales report 23 November 2017

  • Prior -36
  • Total distributive sales 30 vs 1 prior
  • 3m sales 11 vs -1 prior
  • Orders 22 vs -43 prior
  • Sales for time of year 3 vs -1 prior
  • Expected sales 30 vs 3 prior

Some quarterly data for Nov

  • Selling prices reported 75 vs 54 prior. Highest in 26 years
  • Selling prices expected 70 vs 54 prior
  • Investment 6 vs 6 prior

Another strong report from the CBI. The industrial trends report went in to orbit this week. It’s been worth around 9 pips in GBPUSD to 1.3311.

Ryan Littlestone

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