Friday, 20 June 2008

Retail Shock

The media reporting a big "Retail Shock" as sales rose 3.5% for May.
Food sales rose 3.3% as people bought salads and stocked up for barbecues, while clothing sales jumped 9.2% as shoppers sought out new summer outfits. Household goods put in a 2.6% increase. All categories showed growth in May. Overall sales at non-food stores climbed 3.9%, the largest rise since March 1991.

But there is a recession, how can this be they mused.

"I'm staggered," said Philip Shaw, chief economist at Investec. "The figures are just on a completely different plane compared to market expectations. They contradict other anecdotal evidence suggesting retail sales activity is softening.

We reported back at the start of May 2008 that summer 2007 was severely affected by widespread flooding, rain and strong winds almost every day. May/June 2007 was a disaster for the sale of summer goods and foods. We confidently predicted a far better set of figures for 2008 that would have very little to do with the economic climate.
The weather up to around the 12th of this month was glorious sunshine and if you can cast your mind back just 4 weeks Mr Shaw the Ice-cream cabinets were empty, the steaks and burgers were missing from the supermarket freezers and everyone was sporting their newly purchased shorts and T/shirts.
Plus shops anxious to clear last years poor selling summer lines had kept stable or reduced the prices. Plenty of bargains were around to be had.

Expect the experts to be as baffled next month when the retail figures show a very modest rise or a small fall too.

From my own retail sources June is already looking like tough trading. Mr King can safely ignore these particular inflationary retail figures.

Rain dampens retail sales figures in May


Published On 5 June 2007 at 12:14:59

Bad weather during May was partly responsible for the poor retail sales figures which small and medium-sized enterprises (SMEs) in the UK recorded in the month, a new report argues.


Old BE said...

I had an expensive May and a tight June, let's see how everyone else did...

Jeremy Jacobs said...

May wasn't tight but June certainly is.

Bill Quango MP said...

BE: Mr Brown will be very concerned about your Visa bill..And that you spent the money in the USA!

JJ: Looking very tough for June. Suppliers reporting a poor set of orders as the sun disappeared.
relatively poor clothing reports and no Grand theft Auto IV this month either. Still the like for like figures are against a very soft June/July so expect a modest growth or level figures for next month hiding what is in effect a 3-5% fall.

rwendland said...

Could a 3.5% increase in sales have anything to do with May having 3.3% more days that April? (31 against 30)

Or that May had 5 Saturdays - the big clothes shopping day - against 4 in April?

Or am I dumb and the stats are normalised for this.

June has 30 days and 4 Saturdays, so will make a good compare with April.

Anonymous said...

aaaa片, 免費聊天, 咆哮小老鼠影片分享區, 金瓶梅影片, av女優王國, 78論壇, 女同聊天室, 熟女貼圖, 1069壞朋友論壇gay, 淫蕩少女總部, 日本情色派, 平水相逢, 黑澀會美眉無名, 網路小說免費看, 999東洋成人, 免費視訊聊天, 情色電影分享區, 9k躺伯虎聊天室, 傑克論壇, 日本女星杉本彩寫真, 自拍電影免費下載, a片論壇, 情色短片試看, 素人自拍寫真, 免費成人影音, 彩虹自拍, 小魔女貼影片, 自拍裸體寫真, 禿頭俱樂部, 環球av影音城, 學生色情聊天室, 視訊美女, 辣妹情色圖, 性感卡通美女圖片, 影音, 情色照片 做愛, hilive tv , 忘年之交聊天室, 制服美女, 性感辣妹, ut 女同聊天室, 淫蕩自拍, 處女貼圖貼片區, 聊天ukiss tw, 亞亞成人館, 777成人, 秋瓷炫裸體寫真, 淫蕩天使貼圖, 十八禁成人影音, 禁地論壇, 洪爺淫蕩自拍, 秘書自拍圖片,

做愛的漫畫圖片, 情色電影分享區, 做愛ㄉ影片, 丁字褲美女寫真, 色美眉, 自拍俱樂部首頁, 日本偷自拍圖片, 色情做愛影片, 情色貼圖區, 八國聯軍情色網, 免費線上a片, 淫蕩女孩自拍, 美國a片, 都都成人站, 色情自拍, 本土自拍照片, 熊貓貼圖區, 色情影片, 5278影片網, 脫星寫真圖片, 粉喵聊天室, 金瓶梅18, sex888影片分享區, 1007視訊, 雙贏論壇, 爆爆爽a片免費看, 天堂私服論壇, 情色電影下載, 成人短片, 麗的線上情色小遊戲, 情色動畫免費下載, 日本女優, 小說論壇, 777成人區, showlive影音聊天網, 聊天室尋夢園, 義大利女星寫真集, 韓國a片, 熟女人妻援交, 0204成人, 性感內衣模特兒, 影片, 情色卡通, 85cc免費影城85cc, 本土自拍照片, 成人漫畫區, 18禁, 情人節阿性,

Anonymous said...

情色電影, aio交友愛情館, 言情小說, 愛情小說, 色情A片, 情色論壇, 色情影片, 視訊聊天室, 免費視訊聊天, 免費視訊, 視訊美女, 視訊交友, ut聊天室, 視訊聊天, 免費視訊聊天室, a片下載, av片, A漫, av dvd, av成人網, 聊天室, 成人論壇, 本土自拍, 自拍, A片, 愛情公寓, 情色, 舊情人, 情色貼圖, 情色文學, 情色交友, 色情聊天室, 色情小說, 一葉情貼圖片區, 情色小說, 色情, 色情遊戲, 情色視訊, 情色電影, aio交友愛情館, 色情a片, 一夜情, 辣妹視訊, 視訊聊天室, 免費視訊聊天, 免費視訊, 視訊, 視訊美女, 美女視訊, 視訊交友, 視訊聊天, 免費視訊聊天室, 情人視訊網, 影音視訊聊天室, 視訊交友90739, 成人影片, 成人交友,

免費A片, 本土自拍, AV女優, 美女視訊, 情色交友, 免費AV, 色情網站, 辣妹視訊, 美女交友, 色情影片, 成人影片, 成人網站, A片,H漫, 18成人, 成人圖片, 成人漫畫, 情色網, 日本A片, 免費A片下載, 性愛, 成人交友, 嘟嘟成人網, 成人電影, 成人, 成人貼圖, 成人小說, 成人文章, 成人圖片區, 免費成人影片, 成人遊戲, 微風成人, 愛情公寓, 情色, 情色貼圖, 情色文學, 做愛, 色情聊天室, 色情小說, 一葉情貼圖片區, 情色小說, 色情, 寄情築園小遊戲, 色情遊戲, 情色視訊,