Monday, November 7, 2011

Hurry, go shopping while you can

According to Diario de Noticias (hat tip), commerce and retail fell 3,7% last month in Portugal compared to last September.   A record in Europe.  Last year commerce and retail diminished 6,2% all in all compared to the year before.  Only Malta had it worse at over 7%.

The numbers are supposedly from Eurostat.

I must now ask myself.  If our numbers are worse than the numbers from Greece, where 25% of all shops have closed since the start of the crisis.   What are the prospects here? 50%?  It looks bleak.

No comments:

Post a Comment