Retail sales fall again in October amid Budget concerns - CBI
By Michele Maatouk
Date: Monday 27 Oct 2025
(Sharecast News) - Retail sales fell again in October amid weak confidence and Budget concerns, according to a survey released on Monday by the Confederation of British Industry.
The CBI's retail sales volume balance was -27 this month, versus -29 in September.
Sales were expected to fall at a faster pace in November, with the measure for expected sales down to -39 from -36.
Sales for the time of year were judged to be "poor", with a balance of -15, down from -13 in September.
A balance is the weighted difference between the percentage of firms reporting an increase and those reporting a decrease.
CBI principal economist Martin Sartorius said: "The retail sector remains in a prolonged downturn, with October marking the thirteenth consecutive month of falling annual sales volumes. Firms reported that consumer confidence remains poor, compounded by elevated caution ahead of next month's Autumn Budget. Weak demand conditions were also reflected in further sales declines across wholesaling and motor trades.
"Persistent uncertainty ahead of the Autumn Budget is deepening the strain on retailers and other distribution firms that are still grappling with the effects of last year's fiscal decisions. To help rebuild confidence and encourage growth, the Chancellor should reaffirm her commitment to no further business tax hikes in November. Additionally, the government should rethink the Employment Rights Bill to ensure that it does not put undue constraints on flexible working, which could particularly impact young people who often look to retail for their first jobs."
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN