Friday, Apr 20, 2007
High Street Down But Prices Up
The Times Online: Retail sales figures fail to allay fears of rate rise
I like the quote "The pace of activity on the high street eased in March, but retailers still managed to push up their prices at their fastest pace for half a year, official data showed today." So, fewer people are buying from the high street but retailers are pushing up prices. This is closer to my view of the UK economy then the view pedaled by Crash Gordon's cronies. I wonder if the Noshbag David Smith has read it?
Posted by talking rot @ 04:22 PM (166 views) Add Comment
2 Comments
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1. paul said...
"I wonder if the Noshbag David Smith has read it"
He doesn't read or acknowledge anything his peers write AFAIK.
2. Ticktock said...
Won't prevent IR rises (as clearly intended)
Surely nobody falls for statistics & polls etc.anymore? - Produced for VI, presented by the usual propaganda services, and consumed by fools (and Central Banks - who certainly are not fools but have an agenda none the less!)