Bad news for August High Street sales

Sales fall at highest rate in a year, according to CBI Distributive Trades Survey.
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46 per cent of retailers said volume of sales fell in the two weeks to August 16th.

The latest CBI Distributive Trades Survey also found the retailers were the most negative they have been about the general business situation since February 2009.

31 per cent of retailers saw the volume of sales rise in the two weeks to 16 August, while 46% said they fell.

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