Sharp Plunge in Retail Sales
As the economic crisis tightened its grip, steep falls in demand for non-food goods push retail sales to fall by 1.9% in the past month.
Economists are suspecting that further sharp declines are likely given that unemployment is surging, nominal wages are now falling as a result of the lower bonus payments across the economy, wealth is plunging because of weak equity markets and falling house prices, while confidence is at all-time lows.
Comments
Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
-
Get your chance to win it BIG with fabulous bingo games
-
Stock Quotes
-
Categories
-
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
-
Links
-
Meta
Welcome to Euro Station
