Friday, April 20, 2007

High Street Down But Prices Up

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 (537 views)
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2 thoughts on “High Street Down But Prices Up

  • “I wonder if the Noshbag David Smith has read it”

    He doesn’t read or acknowledge anything his peers write AFAIK.

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  • 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!)

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