The Littlestone economic tell-tale survey price and reasoning trading yield data (Acronym’d to LETS PARTY) points to further gains in the retail data.
Business has been holding strong at my wife’s central London restaurant and my cabbie mate has never been busier. Business has also picked up in the hotel game says my doorman friend at one of London’s exclusive gaffs. Good weather has also kicked in though only in the latter part of last month.
We had a big jump last month from expectations and the market is expecting a small rise of 0.2% from last month.
Obviously my analysis is only a small portion of the country as a whole but such on the ground observations have done me well in the past.
Retail sales are quite often a volatile figure anyway.
