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Retail sales growth rate highest for 18 months

Series: CBI News Release ; 3 November 2003 (3)Publication details: 2003Subject(s): Summary: October's retail sales' performance was much stronger than expected, rising at the fastest year-on-year rate for 18 months, with a 35% net balance of retailers reporting sales up on the previous October. The underlying trend shows sales growth at its strongest for 11 months with growth in all but one of the retailing sectors. A 37% net balance of retailers expects sales growth to pick up further in November, the highest percentage since May 2002. http://www.cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca12a8025671c00381cc7/652372a331108a1080256dce0051bfc8?OpenDocument
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News article London News article WB3942-07 (Browse shelf(Opens below)) 1 Available 124231-1001

October's retail sales' performance was much stronger than expected, rising at the fastest year-on-year rate for 18 months, with a 35% net balance of retailers reporting sales up on the previous October. The underlying trend shows sales growth at its strongest for 11 months with growth in all but one of the retailing sectors. A 37% net balance of retailers expects sales growth to pick up further in November, the highest percentage since May 2002. http://www.cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca12a8025671c00381cc7/652372a331108a1080256dce0051bfc8?OpenDocument