U.K. Retail Sales Increase in June

U.K. retailers are reporting their strongest seasonal sales in June since November 2016, according to Drapers. The Confederation of British Industry’s (CBI) monthly survey of 117 retail businesses reported that the sector still has a long way to go for a full recovery.

“After a generally gloomy 2021 so far, the sun finally shone for retailers in June, with seasonal sales volumes the strongest since November 2016. This was the latest sign that the success of the vaccination program is feeding through to stronger consumer confidence which, along with the re-opening of hospitality, is encouraging shoppers back onto the streets,” said Ben Jones, CBI Principal Economist.