ANALYST VIEWS: HOW CONCERNED ARE YOU BY THE RETAIL SALES FIGURES

first_img Share GEORGE BUCKLEY| CHIEF ECONOMIST, DEUTSCHE BANKI’m not as gloomy about the numbers as some people are. We have seen six months of increases in retail sales and there’s usually some form of kickback. With VAT going up next year consumers are going to make their purchases before the end of the year.JAMES KNIGHTLEY | ECONOMIST, ING BANKThe numbers are awful. Rather than rise 0.3 per cent as forecast, sales fell 0.5 per cent month-on-month. We suspect consumer spending will remain subdued. Our base case remains for a long drawn out recovery rather than a double dip.ALAN CLARKE |UK ECONOMIST, BNP?PARIBASJuly saw an increase of 0.8 per cent and the increases in the previous two months before this were also high.?So it was going to be difficult to maintain that. Also August was a wet month which won’t have helped sales a great deal. KCS-content Show Comments ▼ whatsapp ANALYST VIEWS: HOW CONCERNED ARE YOU BY THE RETAIL SALES FIGURES center_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Thursday 16 September 2010 9:00 pm whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img