Investopedia explains 'CBI Realized Sales'
The CBI realized sales number is reported as a balance figure, and is based on the difference in the percentage of U.K. retailers reporting an increase in retail sales and those reporting a decrease. An increasing positive balance figure indicates strong retail sales and by extension, a robust economy.
The DTS Survey asks U.K. retailers specific questions about how their sales and orders for the current month and expectations for the next month compare with a year earlier. The results are grouped into different retail categories, ranging from grocers to recreational goods.
|