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UK March sales hit by trade tensions, policy doubts: CBI
UK retail sales volumes fell sharply by -41 per cent in March, marking a sixth consecutive monthly decline, according to the CBI. Sales remain below seasonal norms, with further drops expected in April. Online and wholesale sectors also saw steep declines. Trade tensions and policy uncertainty are dampening confidence, hitting demand and investment plans.
UK retail sales volumes fell sharply by -41 per cent in March, marking a sixth consecutive monthly decline, according to the CBI.
Sales remain below seasonal norms, with further drops expected in April.
Online and wholesale sectors also saw steep declines.
Trade tensions and policy uncertainty are dampening confidence, hitting demand and investment plans.
