Friday, December 15, 2006

High CPI & plus high interest rates = a bad Christmas for retail

Retail sales improve in November but fears persist of a bleak Christmas

Retail sales came in stronger than expected last month despite shops pushing through price rises for many goods, official data showed yesterday, as experts warned of a grim Christmas for the retail sector.

Posted by jellycaster @ 06:04 PM (546 views)
Please complete the required fields.



4 thoughts on “High CPI & plus high interest rates = a bad Christmas for retail

  • Low sales volume and high prices still = high inflation and interest rate rises.

    Bleak indeed.

    Reply
    Please complete the required fields.



  • japanese uncle says:

    This may well be a herald of the long-predicted full-scale recession, which is not a bad news considering the long term economic & cultural health of this nation, albeit at the cost of tens of thousands of jobs and the reposessions that follow:

    Reply
    Please complete the required fields.



  • In this case “bleak” = less profits than normal.
    The shops have no god-given right to an annual windfall.
    Let them eat cake. Im sure M&S will say….not just a cake but…

    Reply
    Please complete the required fields.



  • Japanese uncle. The recession is not far away. The consumer boom has masked how badly our economy has been performing for a long time. Unless Gordan can keep persuading us to keep borrowing to prop up the miracle.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>