Thursday, November 20, 2008
Retail sales slip, public borrowing slides further into the red
Posted by David Smith at 11:00 AM
Category: Thoughts and responses

Expectations had been for a very gloomy set of official retail sales figures but, in the event, the official numbers showed a drop of only 0.1%. Food sales were up by by 1%, non-food sales down by 1.1%, In the latest three months overall sales were flat, but up by 2.2% on a year earlier. Details here. The public borrowing figures, as expected, were poor. They are here.