India, March 25 -- UK retail sales declined sharply in March amid weaker confidence, the Distributive Trades survey results from the Confederation of British Industry showed on Tuesday.
The retail sales balance fell to -41 percent in March from -23 percent in February. The balance was worse than forecast of -28 percent. This was the sixth consecutive fall.
However, the balance of retailers forecasting sales to fall in April slowed to -30 percent.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
A net 27 percent of respondents said online retail sales volumes decreased in the year to March compared to -28 percent in February. "Firms across the retail and wholesale sectors reported that global trade ten...