28-April-2026
Economy News
 
UK Retail Sales Tumble by Most in Over 40 Years, CBI Survey Shows
28-Apr-2026

British retailers reported the broadest year-on-year decline in sales in more than 40 years as the Iran war raised households' inflation fears, a survey from the Confederation of British Industry showed on Monday. The CBI's monthly retail sales volume measure dropped to -68 in April from -52 in March, its lowest reading since the series started in 1983, as 77% of firms reported sales were down compared with a year ago while only 9% reported an increase.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-27/uk-retail-sales-tumble-by-most-in-over-40-years-cbi-survey-shows