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The
Confederation of British Industry's (CBI) monthly distributive
trades index fell to -9 from -10 in May.
Martin Sartorius, CBI principal economist, said retailers would
continue to face challenges in the coming months.
"Another contraction in sales volumes attests to the difficult
trading environment being faced by the retail sector.
Households' finances are still under pressure from high
inflation," Sartorius said.
A measure of expected sales in the month ahead remained flat at
zero.
The CBI said retail sales volumes were average for the time of
year at +1% in June compared with -18% in May, and were expected
to remain broadly in line with seasonal norms in July at -2%.
Britain's inflation rate came in higher-than-expected at 8.7% in
May and April.
With price growth far above the Bank of England's 2% target,
analysts expect the central bank to continue raising Bank Rate
having already raised it 13 times in a row since December 2021.
(Reporting by Suban Abdulla; Editing by William Schomberg)
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