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candw

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#1
21/04/2017 at 11:24

UK retail sales posted their biggest quarterly fall in seven years in March, as the prices of everyday goods continued to climb. Sales were down 1.4% year-on-year on a quarterly basis, and down 1.8% compared with February 2017, according to the Office for National Statistics (ONS).

It said demand had fallen for all types of goods except for textiles, clothing and footwear. The biggest falls were seen in sales of household goods and petrol.

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Obadiah

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#2
21/04/2017 at 12:01

Customers spent more but bought less, that's inflation for you. 

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imperishablehcfc

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#3
21/04/2017 at 12:45

Petrol cheaper this year so sales $ will be down

Obi, surely they've spent 'less' if sales are down, they are measured in value not volume aren't they? 

Fuck the short term we will build a 1000 year Hull City Reich 

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imperishablehcfc

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#4
21/04/2017 at 12:47

Down 1.4% qtrly year on year, the leap year accounts for more than 1% of that.

Nowt to see here, move on. 

Fuck the short term we will build a 1000 year Hull City Reich 

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candw

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#5
21/04/2017 at 12:50

Is your head in the sand, or up your arse, dude? We haven't even left yet!

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candw

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#6
21/04/2017 at 13:01

"This is the first time we've seen a quarterly decline since 2013, and it seems to be a consequence of price increases across a whole range of sectors."

The ONS said average store prices had increased by 3.3% on the year, the highest growth since March 2012.

The largest contribution came from petrol stations, where prices were up by some 16.4% on the year.


We need Osborne back as he not only crashed the price of petrol, but also fiddled with the calendar, moving Leap Years about for fun.

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Obadiah

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#7
21/04/2017 at 13:32

Quote Quote by imperishablehcfc on 21/04/2017 at 12:45
Petrol cheaper this year so sales $ will be down

Obi, surely they've spent 'less' if sales are down, they are measured in value not volume aren't they?


According to the BBC report it says volume. Having re-read it it isn't clear if the amount fell as well. All it says is spending is higher than a year ago, which could cover a multitude of sins. I'll have to start reading the small print slower.

http://www.bbc.co.uk/news/business-396645 37

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essexgull

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#8
21/04/2017 at 16:53

UK economy can't win--- retail sales up, Brits are spending too much-- retail sales down, Brits can't afford it.

As Peri states - spending was higher than a year ago, but inflation has meant that less was bought.

Fluctuations in trends happen and economists and the media love to turn it into a drama.


ESSEX GULL

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essexgull

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#9
21/04/2017 at 16:56

Quote Quote by candw on 21/04/2017 at 13:01
"This is the first time we've seen a quarterly decline since 2013, and it seems to be a consequence of price increases across a whole range of sectors."

The ONS said average store prices had increased by 3.3% on the year, the highest growth since March 2012.

The largest contribution came from petrol stations, where prices were up by some 16.4% on the year.


We need Osborne back as he not only crashed the price of petrol, but also fiddled with the calendar, moving Leap Years about for fun.


Osborne didn't cause the crash of petrol prices - Intra-OPEC fighting did, as the Saudis upped pumping to punish and cause an economic war against the Iranians, causing a glut of oil in the international market.



ESSEX GULL 

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imperishablehcfc

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#10
21/04/2017 at 20:47

Quote Quote by candw on 21/04/2017 at 13:01
"This is the first time we've seen a quarterly decline since 2013, and it seems to be a consequence of price increases across a whole range of sectors."

The ONS said average store prices had increased by 3.3% on the year, the highest growth since March 2012.

The largest contribution came from petrol stations, where prices were up by some 16.4% on the year.


We need Osborne back as he not only crashed the price of petrol, but also fiddled with the calendar, moving Leap Years about for fun.


Leap year last year senile old fucker means 1 day less this year, or have you moved the leap year, for fun

Fuck the short term we will build a 1000 year Hull City Reich 

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candw

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#11
21/04/2017 at 21:57

I am laughing at your pathetic, Tory loving attempt to gloss over shit caused by Austerity policies. You are one of those working class boyz who love being chastised by your betters. You've probably tugged your forelock more than your foreskin.

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imperishablehcfc

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#12
22/04/2017 at 13:40

so about this leap year? 

Fuck the short term we will build a 1000 year Hull City Reich 

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candw

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#13
22/04/2017 at 16:57

So about 1 day making all the difference.

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imperishablehcfc

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#14
22/04/2017 at 22:19

No making circa 1% of the difference which is what I posted and just a mere 99% away from making 'all' the difference which is your very poor, but not unexpected, interpretation.

Once again extremely poor comprehension, which for an alleged ex teacher is very worrying, no wonder they're now realising anyone can be a teacher

Fuck the short term we will build a 1000 year Hull City Reich 

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candw

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#15
23/04/2017 at 08:24

...and down 1.8% compared with February 2017...

This Leap Day bollocks, chinky. Extra days in March. What the fuck, you don't have to try to justify EVERY shit performance under your heroes?

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