UK Retail Index Falls in February, Prices Rise

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Europe Economy:

UK Retail Index Falls in February, Prices Rise

Author: 123jump.com Staff
123jump.com
Last Update: 7:37 AM EST February 27 2008

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Hopes of stronger high street sales failed to materialise in February and instead sales growth came to a halt, while the prices of goods rose strongly, the CBI said today. A third 34% of respondents to the latest Distributive Trades Survey said year-on-year sales volumes rose in the first half of February, while 36% said they were down.

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