Abysmal poverty!

The traffic of the shops is increasing as if there is no tomorrow

Abysmal poverty!

Retail sales data for the first four months of 2022 are available. This shows that in the January-April period, the volume of retail trade was 11.8% higher than in the same period of the previous year.

It is important that we look at a volume index that filters out price changes, i.e. we indicate to our libs readers that inflation in this case also covers the same unprofessionalism as at any other time.
Obviously, the beginning of 2021 was a bit weak, because the restrictive measures due to COVID at the time slightly reduced the retail turnover, so the minimal decline from a year ago distorts the numbers a bit. Even taking this into account, it is mind-boggling that the Libs continue to lie about deep poverty and open scissors.

Part of the 16.7% increase in March and the 15.8% increase in April is probably also due to the February tax refund for those raising children.
The turnover of food also increased minimally, but the consumption of non-food and fuel increased only significantly.

So despite inflation, people have so much money and wages are rising to the extent that we buy more. In other words, "snakes snake", just not where Feri thinks, but in shops.


Tags: Living