karhu Posted October 20, 2005 Share Posted October 20, 2005 (edited) Breaking news. http://www.bloomberg.com/apps/news?pid=100...OSZubQ&refer=uk Oct. 20 (Bloomberg) -- Retail sales in the U.K., Europe's second-largest economy, increased in September for a second consecutive month, a sign that the slowdown in consumer spending may have troughed. Sales gained 0.7 percent from August, when they increased a revised 0.2 percent, the National Statistics office said today. Year-on-year sales also grew 0.7 percent, the weakest since January 1996. Economists expected sales growth of 0.3 percent, the median of 37 estimates in a Bloomberg survey showed. Edited October 20, 2005 by karhu Quote Link to comment Share on other sites More sharing options...
FreeFall Posted October 20, 2005 Share Posted October 20, 2005 Breaking news. Opens the door for a rate rise in November to combat inflation? Quote Link to comment Share on other sites More sharing options...
Guest The_Oldie Posted October 20, 2005 Share Posted October 20, 2005 Good, interest rates can go up to control inflation then. [Edit....snap ] Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted October 20, 2005 Share Posted October 20, 2005 The debt/MEW/consumer bubble lives, hooray. Winging our way towards £1.2T. Big up for the BOE. Quote Link to comment Share on other sites More sharing options...
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