Back & Forward - They weren’t spending it on I-pots...

Whether or not we believe the numbers, it was reported that core consumer prices fell 0.1% in August, while household spending was up 1.6% and retail sales up 0.5%. At the same time, average income per household was down 1.7%. These figures were pulled out of thin air over at the Statistics Bureau and the Ministry of Economy, Trade and Industry.

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