Jobless – May Retail
rate change (‘000s) sales – April

Median* 7.8 -20.0 0.8
High forecast 7.8 -5.0 3.3
Low forecast 7.7 -48.0 0.2
Number of responses 12 15 6

Barclays Cap. 7.7 -48.0 na
Action Economics 7.8 -5.0 1.0
Commerzbank na -40.0 na
Capital Economics 7.8 na 0.5
West LB 7.7 -30.0 na
Credit Agricole 7.8 -10.0 na
JP Morgan 7.8 -15.0 na
Nomura na na na
4Cast 7.7 -30.0 na
Natixis 7.7 -40.0 3.3
BNP Paribas 7.8 -10.0 0.2
Unicredit na -10.0 na
UBS 7.7 -25.0 na
DZ Bank 7.8 -10.0 na
Goldman Sachs na -10.0 na
Citi na -20.0 0.7
Soc. Generale 7.7 -35.0 0.8

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* Median is based on above forecasts and is not intended to represent
a consensus.

The survey was conducted on Friday, May 28.

[TOPICS: M$XDS$,M$X$$$]