Sharp drop in UK retail sales
I was just reading an article on BBC business about how retail sales are showing a 1.8% drop between December and January. It’s a worrying sign because it could be an indication that the economy is headed for another contraction just after having supposedly come out of a recession.
The thing about retail sales is that I’m not 100% sure how they capture online shopping, if they do so at all. The thing about recession is that people start looking about how they can save money on their purchase, and going online is one way to do it. All you have to do is fire up your laptop, get yourself a mobile satellite connection and get things cheaper online. That’s besides the fact that if you’re looking for alli weight loss pills, you can get them from other countries cheaper than you can get them in the UK. That’s not going to appear in the retail figures.