September retail figures “disappointing”

02 November 2018

 

Retail sales figures have been lacklustre for the past couple of years despite a declining savings rate. Economists have explained the low growth rate as a result of record household debt and a low rate of income growth. There are also the effects of price deflation on sales figures which, unlike many other economic reports, are not adjusted for inflation. However, 2018 sales figures to date have generally exceeded market...

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