Retail Sales Plunge Amid Late Cold Weather
The UK’s economic recovery takes a new knock as official figures show that consumers held on to their cash in April.
Retail sales suffered their biggest monthly drop in a year in April as cold weather and restricted household budgets combined to damage demand on the high street.
The Office for National Statistics (ONS) said retail sales volumes including automotive fuel fell by 1.3% during the month compared to March, compounding economists’ forecasts for a flat performance.
Compared with a year earlier, sales rose by a far less than estimated 0.5%.
Sales of food plunged 4.1% on the month – the worst showing in almost two years – while sales of barbecue food and garden furniture were particularly badly affected as Spring took its time to arrive.
Ten years ago they had a heatwave in Europe, and climate experts immediately declared that heat was the new normal caused by global warming. Now experts say that cold and snow it is the new normal caused by global warming.
There was so much snow in Europe late in the season everyone went skiing.
Sure, blame the bad economy on ‘climate change’, and ignore suicidal economic policies.
The problem is “Climate Change” or at least the policies put in place to fight a non extent problem.