India, Aug. 27 -- UK retailers registered a strong fall in sales in August, extending the downturn to almost a year, but volumes are forecast to drop at a slower pace in September, the latest Distributive Trades Survey results from the Confederation of British Industry showed Wednesday.
A net 32 percent of retailers said sales declined in August compared to 34 percent in July. However, only 16 percent forecast sales to decrease again in September.
About 19 percent of retailers judged sales volumes to be poor, worse than 10 percent in July. A similar degree of 20 percent said sales will remain below seasonal norms next month.
Retailers expect business situation to deteriorate over the coming quarter but to a lesser extent than last quarte...