CBI warns of challenges ahead caused by weakening global economy and retail price competition,but says outlook for sales growth remains ‘decent’Retail sales growth has slowed sharply in recent weeks following a strong September, according to a commerce survey.The latest snapshot of sales in the UK from the CBI undershot retailers’ expectations and follows a series of indicators pointing to the UK economy losing momentum. Official figures this week showed UK GDP growth eased in the third quarter.
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Source: theguardian.com