Thursday, Sep 19, 2013

Recovery has reached escape velocity.

BBC: UK retail sales in surprise August fall

How about we adjust there figures for population growth and inflation?
Retail sales volumes fell 0.9% in August according to the Office for National Statistics (ONS) - a surprise for analysts who had expected a rise of around 0.4%. The retail sector accounts for around 6% of the UK economy. (The government another 50%)
The economy grew by 0.7% in the second quarter of the year, according to the latest estimates.
Earlier this month, the OECD, an international organisation, said it now expected the UK to grow by 1.5% this year, up from the 0.8% growth it previously forecast.
Food sales fell by 2.7% in August compared with July. Last week supermarket Morrisons said higher levels of spending in London were not reflected in other areas.

Posted by khards @ 10:57 AM (1187 views)
Add Comment
Report Article

1 Comment

1. Hpwatcher said...

Not looking so good.

Thursday, September 19, 2013 01:01PM Report Comment
 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • 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
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies