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And our retail numbers go from bad to worse.

Keith-M

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www.allkindsofeverything.ie


seanmacc

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Is anyone suprised after another austerity budget?

VAT is too high. Impending property taxes, water taxes, septic tank charges, higher PRSI, feck all jobs and no light at the end of the tunnel has consumer sentiment depressed and therefore the retail sector is going to take a hit.
 

corporal punishment

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Nov 22, 2010
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I'm restoring an old bike at the moment and it needs a new part. About 30 quid from the UK. 6 months ago I'd have just bought it, but I've been agonising over this purchase fopr weeks now. €30 represents some other more important purchases that I have to buy, like food and petrol. That part is just going to have to wait.
 

Aindriu

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Jun 28, 2007
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The fools in government have still not copped on to the fact that no country has ever taxed its way out of recession. Ever.
 

Spanner Island

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Most consumers have enough stuff already...

I think many are going on strike... and understandably so...

Anyone who wants to get us back to the rampant consumerism of the 'boom' is mad...

There's too many shops and therefore failures are inevitable... and particularly so when the government's plan seems to be to screw everyone relentlessly while keeping much of the 'state' and the quangos etc. in the publicly funded clover to which they've become accustomed...
 

Spanner Island

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The fools in government have still not copped on to the fact that no country has ever taxed its way out of recession. Ever.
They're like rabbits in headlights... unable to think or do anything else...

This was always going to be the outcome... eventually...
 

gerhard dengler

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Feb 3, 2011
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46,739
The volume of retail sales (i.e. excluding price effects) decreased by 0.1% in
December 2012 when compared with November 2012 while there was an annual
decrease of 1.0%. If Motor Trades are excluded, the volume of retail sales
increased by 0.8% in December 2012 when compared with November 2012 and
there was also an annual increase of 0.8%.

The sectors with the largest month on month volume increases are Department
Stores (+6.3%), Bars (+4.4%) and Books, Newspapers & Stationery (+3.4%).The
sectors with the largest monthly decreases were Furniture and Lighting (-7.1%)
and Other Retail Sales (-3.1%).

There was no change in the value of retail sales in December 2012 when compared
with November 2012 (0.0%) and there was an annual decrease of 0.7%. If Motor
Trades are excluded, there was a monthly increase of 0.3% in the value of retail
sales and an annual increase of 1.1%.
 

Bonsai Experiment

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Jun 17, 2010
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13,910
There were FOUR pre-Christmas weekends in December and the weather was much better than a year earlier and still retail numbers are going down. Our domestic economy has not been is this bad a shape in the last 25 years and there's absolutely nothing on the horizon to suggest things are going to change.
Another ten years of austerity budgets egged on by the Neo-liberal communists of big banking, will change a few more things alright.
 

Mad as Fish

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Dec 6, 2012
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24,185
Most consumers have enough stuff already...

I think many are going on strike... and understandably so...

Anyone who wants to get us back to the rampant consumerism of the 'boom' is mad...

There's too many shops and therefore failures are inevitable... and particularly so when the government's plan seems to be to screw everyone relentlessly while keeping much of the 'state' and the quangos etc. in the publicly funded clover to which they've become accustomed...
You have a point, we probably all have more than enough 'stuff' that we could live without. Unfortunately it is the purchasing of this stuff that keeps shops and factories (even if they are in China) open. However, we still need stuff to replace necessary stuff that is wearing out. Clothes, furniture, white goods, tyres and so on so this is where we need look to see what consumer spending patterns really are rather than inventing senseless nonsense about dept stores doing well as opposed to the main street.
 

noodles

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May 4, 2007
Messages
417
Does anyone remember the sustained commentary around christmas that this was tha best christmas in 5 years.Confidence was returning and people were spending again.

It was all lies.

We will not hit our growth forecasts this year, bailout 2 is now a certainty.
 

gerhard dengler

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Feb 3, 2011
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46,739
Does anyone remember the sustained commentary around christmas that this was tha best christmas in 5 years.Confidence was returning and people were spending again.

It was all lies.

We will not hit our growth forecasts this year, bailout 2 is now a certainty.
Correct.

There was a lot of talk throughout P.ie about how busy retail outlets appeared to be during December 2012.

If there is a sliver of light it's "If Motor Trades are excluded, the volume of retail sales increased by 0.8% in December 2012 when compared with November 2012 and there was also an annual increase of 0.8%",
 

Radix

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Aug 31, 2010
Messages
9,892
What's the big shock Keith?

There can't be much of a 'feel good factor' if people don't feel good, after all it is hard to feel good when your country is being liquidated.

Just keep taking the pain, we will emerge from all of this much stronger, even if poorer.

Comfort yourself with thoughts of 'The Gathering', The EU Presidency, Enda, and Wide Empty Spaces.
 

Spanner Island

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Feb 22, 2011
Messages
23,974
You have a point, we probably all have more than enough 'stuff' that we could live without. Unfortunately it is the purchasing of this stuff that keeps shops and factories (even if they are in China) open. However, we still need stuff to replace necessary stuff that is wearing out. Clothes, furniture, white goods, tyres and so on so this is where we need look to see what consumer spending patterns really are rather than inventing senseless nonsense about dept stores doing well as opposed to the main street.
Unlikely to happen...

The government and the media are obsessed with trying to hype stuff... (when they're not obsessing about the big bad internet that is...)

They seem to still think if you say something enough it will happen... whereas while sentiment is a factor... it's no match for the underlying shambles that is this country...

I'll bet you anything in addition to Lehman Bros. that Bertie A'hole Ahern still thinks it was negativity in the press when they simply couldn't bullsh!t anymore that really brought us down as opposed to all the disastrous crap he and his cronies presided over...
 

emulator

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Oct 20, 2010
Messages
10,206
Does anyone remember the sustained commentary around christmas that this was tha best christmas in 5 years.Confidence was returning and people were spending again.

It was all lies.

We will not hit our growth forecasts this year, bailout 2 is now a certainty.
Closely followed by bailout 3 when mortgage defaults start rolling in....
 
F

fistikuffs

This will come to as a shock to our "green jersey" wearing media who spent most of December telling us that people were shopping like it was 2007. How can people shop like the good oul days when there's a lot less money these days?
 

White Horse

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Jun 13, 2006
Messages
7,012
I'm not surprised one bit.

The attitude in the media is that if there were a lot people on Grafton Street in Dublin, shopping in the whole country must be good.

The situation is that many, many people are struggling to pay for food, heat, and other basics. Other people, usually older people with no mortgages, are to scared to spend.

The cumulative effect is a killer for the domestic economy.

While there is a strong recovery in the export economy, the domestic economy is not going to recover for a long time.
 


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