mpc.theyserveforyou.com

mpc: 14 The seasonally unadjusted ONS data on the value of retail sales suggested that they had been lower in December than a year earlier. These data were broadly consistent with other indicators of retail spending, including, for example, the retailers balance from the December CBI Distributive Trades Survey which had reached its lowest level since the series began in 1983, before recovering slightly in January. The ONS data suggested that seasonally adjusted retail sales volumes had increased quite sharply on the month in December. But the ONS had cautioned that these data were particularly uncertain at the moment. The forward-looking European Commission measure of consumer confidence did not augur well for near-term consumer spending as it had fallen to its lowest level ever in January 2009.