December Retail Sales

[chippie]

Just just gets worse, a copy of the headlines from the latest CSO report.

"The volume of retail sales (i.e. excluding price effects) decreased by 8.3% in
December 2008 compared to December 2007. There was a monthly increase of
0.5%. If Motor Trades are excluded there was an annual decrease of 8.2% and the
monthly change was -0.2%.
The value of retail sales decreased by 7.6% in December 2008 compared to
December 2007 and increased by 0.1% in the month. However, if Motor Trades
are excluded, the annual decrease was 6.2% and the monthly change was -0.4%.
The volume of retail sales decreased by 8.0% in the final quarter of 2008
compared to final quarter of 2007. The year on year decline in the 2008 Q4
volume figures is the largest decrease since Q3 in 1982. If Motor Trades are
excluded there was a decrease of 7.6% in the figures for the final quarter of 2008
compared to the final quarter of 2007. The year on year decline in the 2008 Q4
retail sales (excluding Motors Trades) volume figures is the largest decrease on
record.Furthermore the volume of retail sales for the year 2008 decreased by 4.5% when
compared to 2007. This year on year decline in the 2008 retail sales volume
figures is the largest decrease since 1982. The volume of retail sales (excluding
Motor Trades) decreased by 3.6% in 2008 compared to 2007. The year on year
decline in the 2008 retail sales (excluding Motors Trades) volume figures is the
largest decrease on record.All figures in this release are trading day and seasonally adjusted. The seasonal
factors are based on unadjusted indices up to June 2008."

http://www.cso.ie/releasespublicatio...urrent/rsi.pdf

[kerrynorth]

Retail sales volumes down -4.5% for 2008.

[20000miles]

Just just gets worse, a copy of the headlines from the latest CSO report.

It would be much worse if we continued to live beyond our means.