Sales on the UK high street were higher than a year ago in October, according to the latest CBI monthly Distributive Trades Survey.
 
A CBI survey showed that 58% of retailers said that the volume of sales rose during October, while 22% said it fell, giving a balance of +36%.

As in previous months, the clothing and footwear & leather sub-sectors saw particularly rapid sales growth, a statement by the CBI said.
 
Lai Wah Co, CBI head of economic analysis, said: “High street sales in aggregate have performed well again this month, but sales of durable household goods have slowed noticeably, in line with more subdued housing market activity of late.
 
“Retailers expect sales growth to continue next month, in the run-up to Christmas. We should also see more of a boost to sales as shoppers look to beat the New Year VAT rise, but looking beyond that, broader consumer caution may temper growth in spending into 2011.”