Retailers

December retail sales slow amid Omicron impact, CBI warns

According to the latest CBI monthly Distributive Trades Survey, despite the new restriction, retail sales were seen broadly in line with seasonal norms in December, having been ’well above’ typical levels in November

Retail sales growth slowed in the year-to-December to 8%, down from 39% last month, as the impact of the Omicron variant affected trading.

According to the latest CBI monthly Distributive Trades Survey, despite the new restriction, retail sales were seen broadly in line with seasonal norms in December, having been “well above” typical levels in November.

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