Figures released last showed the worst retail growth in fifty years as consumers deserted shops again in the end of financial year sales.
The 1.6 per cent annual rise in spending is the worst result since 1961-62 – an era when there were no credit cards and shoppers used pounds, shillings and pence.
The Bureau of Statistics revealed sales for the normally strong month of June had fallen by 0.1 per cent, following an 0.6 per cent drop in May.
Here’s my take…












