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karhu

Tough Start To Year For Retailers

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Tough start to year for retailers

Growth in UK retail sales has fallen back in the early part of 2006, according to government figures.

The data from the Office for National Statistics (ONS) provides more evidence that the consumer slowdown of 2005 has carried over to 2006.

After a period of rising growth at the end of 2005, sales growth fell to 0.5% in the three months to February, from 1.3% in the three months to January.

On a month-by-month basis, February registered a 0.5% rise.

The gain improved on forecasts of 0.4% growth from January.

http://news.bbc.co.uk/1/hi/business/4812238.stm

What crash? :lol::lol::lol::lol:

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I just want to beat NoDumSunReader to it with a smug lower interest rates comment. I've got your wind NDSR, all of your wind! It’s mine. All of your wind, all mine. Look at your floppy useless sail, LOOK AT IT!

ps. Sarcasm, lower interest rates would be madness at this point.

Edited by bandylegs

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Interest rate expectations haven't moved on this data. They're now been driven by other things, such as future policy at the Bank of Japan.

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Hey!

I'm a retailer in the furniture industry. The recession in this game started in 2001, and its getting worse

It's about time people started spending their money on something useful to society rather than locking it up in assets that don't generate anything useful or paying it to banks.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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