British retail sales growth eased in June from a five-month high reached during the previous month, although it remained above average for the time of year, an industry survey showed on Thursday.
The Confederation of British Industry’s retail sales balance fell to +29 in June from +51 in May, with the slowdown driven mostly by the grocery sector.
The measure of expected sales for the month ahead also eased after hitting a more than 26-year high in last month’s survey, though on a three-month moving average it rose to a new high.
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