MADRID (MarketWatch) -- Retail sales fell 4% in August on an annual basis, the Instituto Nacional de Estadistica said on Tuesday. That compares to a fall of 4.9% in July. The biggest falls were in household equipment, down 12.8%, and food products, down 4.5%. Single retail stores saw the biggest fall of 6.3% in sales, followed by small chain stores, 4.9% and department stores, 4.4% http://www.marketwatch.com/story/spain-retail-sales-fall-4-in-august-2009-09-29
falling cpi numbers in japan out today....globally contracting leverage/money supply cb simply cannot hold back the deflation tide