{"id":15498,"date":"2017-07-17T09:00:23","date_gmt":"2017-07-17T13:00:23","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=15498"},"modified":"2017-07-17T08:36:00","modified_gmt":"2017-07-17T12:36:00","slug":"the-lipstick-effect-brexit-edition","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2017\/the-lipstick-effect-brexit-edition\/","title":{"rendered":"The Lipstick Effect: Brexit Edition"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2017\/07\/071717_1234_TheLipstick1.jpg\" alt=\"\" width=\"640\" height=\"480\" \/><\/p>\n<p>Brexit is beginning to drag down Britain&#8217;s economy wrote Sarah Butler. This can have strange consequences:<\/p>\n<ul>\n<li>Consumer spending is showing signs of decline in Britain.<\/li>\n<li>Yet certain categories are up. Sales of lipstick have grown 31% in the three months leading up to June.<\/li>\n<li>In times of economic uncertainty spending on more essential items \u2013 like fridges \u2013 goes down while spending on spontaneous luxuries goes up.<\/li>\n<li>The effect was first noticed when, after 9\/11, sales of lipstick shot through the roof.<\/li>\n<li>It&#8217;s thought that people try to be frugal in times of crisis but make small purchases of marginal luxuries to seek respite from the gloom.<\/li>\n<li>People buy frozen food to cut down on food wastage. But they bake more cakes at home for the experience and satisfaction of making something.<\/li>\n<\/ul>\n<p>Read more on <a href=\"https:\/\/www.theguardian.com\/business\/2017\/jul\/15\/the-lipstick-effect-britons-treat-themselves-as-budgets-tighten\">The Guardian<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brexit is beginning to drag down Britain&#8217;s economy wrote Sarah Butler. This can have strange consequences: Consumer spending is showing signs of decline in Britain. Yet certain categories are up. Sales of lipstick have grown 31% in the three months leading up to June. In times of economic uncertainty spending on more essential items \u2013 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2017\/07\/071717_1234_TheLipstick1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/15498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=15498"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/15498\/revisions"}],"predecessor-version":[{"id":15501,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/15498\/revisions\/15501"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/15497"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=15498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=15498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=15498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}