UPDATE 1-Decline in UK retail sales eases in July - CBI

Newswire

(Adds detail, economists' reaction) By David Milliken LONDON, July 28 (Reuters) - The decline in British retail sales eased in July but by less than economists had expected, a survey by the Confederation of British Industry showed on Tuesday. Just under half of retailers in the CBI's distributive trades survey reported a decline in sales compared to last July, while slightly under a third reported a rise. This gave a balance of -15, up from -17 the previous month but less than the ...

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