小売 gloom signals no 率 rise

By Geoff Foster for MailOnline
Updated: 07:30 BST, 9 May 2005

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MILLIONS of home owners will heave a big sigh of 救済 today. The Bank of England is 推定する／予想するd to sit on its 手渡すs for the ninth month in a 列／漕ぐ／騒動 and keep 利益／興味 率s on 持つ／拘留する at 4.75% in the 直面する of 開始するing gloom on the High Street and a manufacturin g 危機.

The Bank's 通貨の 政策 委員会's 決定／判定勝ち（する） will follow その上の 証拠 that 貿易（する）ing 条件s on the High Street are 悲惨な.

The 最新の British 小売 国際借款団／連合-KPMG 小売 Sales 監視する is 推定する／予想するd to show that like-for-like sales in shops over April fell by around 3%, compared with the previous year. It is the largest year-on-year 拒絶する／低下する since April 1999.

April's 人物／姿／数字s were distorted by the fact that 復活祭 fell in March, but many 消極的なs are 重さを計るing on 消費者s' minds. Higher mortgage costs, 増加するs in 公共事業（料金）／有用性 法案s, 関心s over 年金s, 恐れるs of possible 失業 and その上の 地位，任命する-選挙 税金 増加するs have curtailed their spending.

The High Street needs 率s to 落ちる to 説得する Joe Public to spend. Roger Bootle at 資本／首都 経済的なs gives retailers hope. He believes that as 証拠 of the 消費者 減産／沈滞 gathers pace, the MPC will start cutting 率s, perhaps as soon as August. He 予測（する）s a 率 of 3.5% next year.

経済学者 Steven Andrew at F&C 資産 管理／経営 says: 'The 根底となるs of the UK economy do not look anywhere 近づく bad enough to 令状 an 利益／興味 率 削減（する） - yet. We would therefore 警告を与える against getting too 暗い／優うつな on growth and too 楽観的な on 近づく-称する，呼ぶ／期間／用語 率 削減（する）s.'

一方／合間, Experian's 消費者 Market 見通し 予報するs that the spending なぎ will continue for most of this year. 消費者s would rather save than spend.

The Bank publishes its 影響力のある 年４回の インフレーション 報告（する）／憶測 on Wednesday. Barclays Stockbrokers says it is likely to 明らかにする／漏らす a 違反 of the 2% 的 before the end of 2006.

? See how an 利益／興味 率 rise might 影響する／感情 you at www.thisismoney.co.uk/calculators