Wet weather blamed for retail sales dip as consumer confidence hits 14-month high

11 comments
  1. When inflation is running rampant, and the central bank increases interest rates to squeeze the everyday person’s budget, is less consumer spending then not expected to follow? Is that not the whole point of increasing interest rates? To cool off consumer spending and get inflation back under control? Also

    *”In the latest month, department stores, clothing shops and garden centres experienced heavy declines as significant rainfall dampened enthusiasm for shopping.”*

    I see the argument here for garden centres (after all, who would want to buy flowers when it’s pissing it down), but I’m not sure rain has ever prevented me from wanting to pop to Primark to pick up a top

  2. When the Brexit debates were taking place we were told that we have had enough of experts

    This is why. Business groups trot off to the BBC and say everything is fine, we expect growth *go spend your money folk*

    They are lying.

    We were told inflation will drop to 2-3% in a year, month later it and hardly shifted and food inflation rose.

    Inflation remains high. Interest rates are still increasing. Energy bills are not yet dropping. Jobs are being lost.

    But last month it was the rain.

    Last month it was due

  3. Wet weather, war in Ukraine, Brexit

    Has anyone considered it’s because nobody has any fucking disposable income anymore?

    Just a thought

    They also claim consumer confidence is up, it is, but it’s still at minus 30!

    It’s gaslighting on an industrial scale these days. It has to be, if it actually twigs in peoples heads that everyone bar a relative handful of people are fucked we will in full blown recession by the end of that day of realisation

    I don’t know anyone at any salary level not currently complaining about just how bloody much everything costs and how they’ve cut back on spending

  4. So, nothing to do with high energy prices taking our disposable income, massive inflation and the fact that WWlll may just start. It’s the weather!

  5. Could it possibly the fact that post covid has seen the greatest distribution of wealth to the rich and we all have no ducking money?

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