Levelling off in retail spending

Jul 11, 2022 | Business, Economy, Money Market

11.7.22 Retail spending effectively stalled in June in the face of continued price rises and growing pressure on household budgets, according to Westpac. Spending levels nudged higher in June, rising by just 0.1% over the month. “The main factor underpinning that rise was increased spending on fuel as pump prices around the country pushed above […]

 


 

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