Thursday, Dec 21, 2006

Strong retail figures from CBI

The Guardian: City expects rate increase after retail sales hit two-year high and mortgage demand rises

Talk of a poor Christmas for retail may prove to be confounded, as CBI data shows that many retailers are experiencing their best Christmas for two years. This data, coupled with high mortgage lending is leading city analysts to predict an interest rate hike in the New Year.

Posted by jellycaster @ 12:31 PM (555 views)
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1. kpjcomp said...

Can anybody see the pattern?

1. Retail Sales UP!!
2. Mortgage lending UP!!
3. Living Costs UP!!
4. Earnings not moving.
5. Credit Card lending DOWN!!

I think a 6 year old could figure out what's happening there.!!

In case your under 6 :) Mew!!!!

Friday, December 22, 2006 10:31AM Report Comment

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