Retail Sales Index
The seasonally adjusted value index rose 0.3% between the two four-month periods in 1980, while volume fell 5.8%. Bruton argued this signalled a serious economic downturn and FitzGerald referred to a decline in living standards; Moore rejected that interpretation and called the changes a separate question.
asked the Taoiseach the percentage change that has occurred in the seasonally adjusted index of retail sales between the first four months of 1980 and the second four months of that year.
Comment on this
The seasonally adjusted value index of retail sales increased by 0.3 per cent between the first four months of 1980 and the second four months of the same year. The volume index declined by 5.8 per cent in the same period.
Comment on this
Does the Minister of State accept that this indicates a serious downturn in our economy?