15 people believe this garbage? December slowed “due to people doing Christmas shopping early” hahaha
where do you guys get these narratives?
how about consumer spending has been hammered over the past 6 months, and with inflation at up to 40 year high in some parts of the world (including first world economies) , this will only continue.
in Australia, shopping dropped 39% in the first week of 2022, compared to the last week of December, and is now at its lowest rate since the start of the pandemic.
https://www.reuters.com/world/us/us-consumer-spending-falls-december-inflation-increases-2022-01-28/
https://www.washingtonpost.com/business/2021/12/15/retail-sales-november-2021/
https://www.copyright link/policy/economy/retail-sales-keep-getting-worse-as-inflation-worries-grow-20210928-p58vdw
https://www.copyright link/policy/economy/later-worst-week-since-delta-for-consumer-spending-20220107-p59mmc
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