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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Haim R. Branisteanu who wrote (5096)4/27/2004 9:29:01 AM
From: russwinter  Read Replies (1) of 116555
 
The numbers in retail sales that really stick out over the last three months are gasoline and food. I don't think it's because people have bigger appetites either, it's just good old fashioned inflation, really supportive of my subsistence crisis theory.

Food and beverages: +1.9% Jan-March
Gasoline: +5.8% Jan-March

btmna.com
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