Analysis - Retail slump has ?bottomed out?

[HEXUS]

A leading think tank has called the bottom of the UK retail market as June sales jump.

Read more.

[bhogey]

Could be cus there was so many sales on at the time, next month it's back to the slump.

[Saracen]

Bottomed out? I hope so, but I doubt it. There's still to many negative indicators, not least of which is still-rising unemployment, and as that goes up, it affects confidence, spending and government finances.

We'll see, but I'm not holding my breath for the worst of this to be over just yet.