CBI MAR VOLUME OF SALES REPORTED -18 VS 0...>

UK DATA: CBI MAR VOLUME OF SALES REPORTED -18 VS 0 FEB 

CBI APR VOLUME OF SALES EXPECTED +15 VS +39 MAR 

CBI MAR VOLUME OF ORDERS REPORTED -13 VS +7 FEB 

CBI APR VOLUME OF ORDERS EXPECTED +6 VS +25 MAR

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--Retail Sales Volumes contracted at 18%, the fastest contraction in 17 months.

--Consumers not comfortable with loosening their purse strings amid Brexit

uncertainty. Retailers expect sales volume to pick-up next month with Easter

shopping later in month

--28% of respondents reported that sales volumes were up on a year ago in March,

while 46% said they were down.

--Orders placed on suppliers fell to -13% from +7% in February, expected to

return to modest growth in April (+6%).

--Internet sales also slowed in March to the lowest rate in 12 months, 21% y/y.