The CBI Distributive Trades Survey measures the health of the retail sector in the United Kingdom. Compiled from around 150 retail and wholesale companies, it assesses sales activity by determining the balance between retailers reporting increased and decreased sales. This indicator is a leading measure of consumer spending trends, providing insights into economic conditions.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.