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Retail Sales Drops In Europe by WastedSpyPlane: 7:19am On Mar 23, 2023
Skyrocketing inflation has dampened household consumption, an official report says.

Retail sales in Poland slumped for a second straight month in February, at the fastest pace since 2020 as inflation continued to squeeze spending power, Statistics Poland reported on Tuesday.

Last month, sales in the sector dropped by 5% year-on-year, far more than an expected 1.4% decline, the figures showed. On a monthly basis, retail saw a 3.6% decline from January.

“Retail sales of goods, with calculations based on data from stores with at least 10 employees, decreased by 5% in February. At the same time, in January this fall was 0.3%,” the report said.

Economists attribute the weak turnover to persisting pressure on households’ real disposable incomes and purchasing power, caused by spiraling inflation.

Sales of furniture and household appliances slid 10.3% in February, while retail sales of other durable goods contracted by 12.3%.

Purchases of food in Poland fell for a second month in a row grin, losing 4.6% in February compared to the same period last year. The data also showed a 26.2% annual decline in fuel sales.

Poland’s inflation is at its highest since 1996. ;DConsumer prices rose 18.4% year-on-year in February, up from the 16.6% the previous month, according to the latest data from Statistics Poland.

https://www.rt.com/business/573371-poland-retail-sales-drop/

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Re: Retail Sales Drops In Europe by BidenDTrounce: 12:10pm On Mar 24, 2023
pansophist:
Ladies and gentlemen, to the lovers of true freedom, self-determination, and prosperity, the time we all wish for is right here before us. A multipolar world where no single power dominates everywhere, putting Africa knee-deep in poverty, backwardness, and suffering.

President Xi and President Putin are the torchbearers of this solemn task, and we must give them all the support they need. These two countries have never in their history harmed Africa, instead, they helped us a lot. From decolonization to infrastructure and loans, and never killed any of our revolutionary leaders.

You know that a person is good when he helps you when he was poor, not when he is rich. China in the time of Mao has been building infrastructure all over Africa (read about the Tazara railways), a time when China is as poor as Bangladesh.

But the west enslaved our ancestors for four hundred years, then colonized us, and are the wealthiest bloc, but still, refuse to help us. Instead, they keep killing our leaders, calling us monkeys, seeing us as inferiors, and sanctioning our economies. Should I continue? Their evil in Africa is beyond words.

I know there are many slaves in our midst, just like Judas Iscariot, who will sabotage any effort to free themselves, since the only world they know and are comfortable in is a white man's hegemonic world, but good will always defeat evil. They can enslave your body. but never allow them to enslave your soul.

It will only get better from here.

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