Thursday, May 22, 2008
Sales vs. inflation
Sales declined 0.2 percent from March but are up 4.2 percent from a year earlier.Sales of food fell 1 percent last month, leading the overall decline. Household goods stores sold 1.4 percent less than the previous month and clothing sales were flat, the statistics office said. Retailers cut prices by 0.9 percent from a year earlier to attract shoppers, the report showed.