Retail sales fall most since 2011 Retail sales fall most since 2011
Posts 1 to 9 of 9
  1. #1

    Better than AtW

    sasguru - scorchio!


    Join Date
    Jul 2005
    Posts
    35,972

    Default Retail sales fall most since 2011

    Looks like the consumer-splurge is over.

    https://www.bloomberg.com/news/artic...s-feel-squeeze
    Hard Brexit now!
    #prayfornodeal

  2. #2

    More fingers than teeth

    OwlHoot - scorchio!

    OwlHoot's Avatar
    Join Date
    Jul 2005
    Posts
    14,352

    Default

    Quote Originally Posted by sasguru View Post
    Looks like the consumer-splurge is over.

    https://www.bloomberg.com/news/artic...s-feel-squeeze
    Squinting at the graph in that article, ups and downs aside, it's fairly obvious the overall rough trend (both upper and lower envelopes and average) has been downward ever since the start of 2013.
    Work in the public sector? Read the IR35 FAQ here

  3. #3

    Better than AtW

    sasguru - scorchio!


    Join Date
    Jul 2005
    Posts
    35,972

    Default

    Quote Originally Posted by OwlHoot View Post
    Squinting at the graph in that article, ups and downs aside, it's fairly obvious the overall rough trend (both upper and lower envelopes and average) has been downward ever since the start of 2013.
    That's the % change not total sales. But you do have a point.
    Let's see if sales keep falling throught out the year - like they did in 2011 - that won't be a good sign, since the British economy is dependent mainly on consumption.
    I don't see an upside since wage increases are failing to keep up with rampant inflation cause by the pound's fall.
    Hard Brexit now!
    #prayfornodeal

  4. #4

    Suffers Fools...Badly!

    shaunbhoy is always on top

    shaunbhoy's Avatar
    Join Date
    Jul 2005
    Location
    South Devon
    Posts
    29,684

    Default

    Quote Originally Posted by sasguru View Post
    wage increases are failing to keep up with rampant inflation
    Would that be our dizzyingly high "2.3%"??

    “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

  5. #5

    Banned

    diseasex has more data than eek


    Join Date
    May 2015
    Location
    Manchester
    Posts
    1,990

    Default

    sqeezing my spending too. Just in case.

    Probably many feel the same.

  6. #6

    My post count is Majestic

    AtW is a fount of knowledge

    AtW's Avatar
    Join Date
    Jul 2005
    Posts
    51,446

    Default

    Quality of food and beer is dropping in my locals

  7. #7

    Suffers Fools...Badly!

    shaunbhoy is always on top

    shaunbhoy's Avatar
    Join Date
    Jul 2005
    Location
    South Devon
    Posts
    29,684

    Default

    Quote Originally Posted by diseasex View Post
    sqeezing my spending too. Just in case.

    Probably many feel the same.


    “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

  8. #8

    Banned

    diseasex has more data than eek


    Join Date
    May 2015
    Location
    Manchester
    Posts
    1,990

    Default


  9. #9

    Contractor Among Contractors

    _V_ is NOT a disguised employee

    _V_'s Avatar
    Join Date
    Aug 2006
    Posts
    1,441

    Default

    We're all Crypto Millionaire's, now Dave...

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •