UK: CBI Retail Sales Hold Steady and Strengthen

November 29, 2007

By Robert Brusca

· The UK retail sector is stuck more or less mid range. Various components are generally at or above the mid point of their respective ranges. Orders, the relative strongest component, resides in the 70th percentile of its range. Sales are in the 52nd percentile. Sales for the time of year are in the 44th percentile. The stock-to-sales ratio is a touch high in the 60th percentile of its range. The various expected sales and orders are generally in the same relative positions. See the table below.  The chart on the left shows that while variables remain mid range there has been some slippage recently in the trend for sales, while orders trends have held a bit firmer.

UK Retail Volume Data CBI Survey

Reported:

Nov-07

Oct-07

Sep-07

Aug-07

12MO Avg

Pcntle

Max

Min

Range

Sales/Yr Ago

13

10

12

15

22

52%

57

-35

92

Orders/Yr Ago

18

16

11

15

17

70%

42

-38

80

Sales: Time/Yr

-3

0

-1

-7

5

44%

41

-37

78

Stocks: Sales

18

13

12

14

12

60%

30

0

30

Expected:

 

 

 

 

 

 

 

 

 

Sales/Yr Ago

15

16

17

14

18

53%

49

-23

72

Orders/Yr Ago

12

16

18

6

12

64%

38

-34

72

Sales: Time/Yr

2

-9

2

-5

3

53%

29

-29

58

Stocks: Sales

12

5

10

6

9

50%

21

3

18

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