Retail Spending Christmas 2024. Overall spending shrank in real terms. Meanwhile, the christmas and boxing day sales were much worse than expected for australian retailers as increasingly pessimistic consumers cut back on.
Retail forecasts is produced quarterly and provides analysis of current retail spending and the economic drivers that influence this. Overall spending shrank in real terms.
Weaker Spending On Cafes And Restaurants Has Raised Red Flags.
December retail sales increase 0.8% year on year amid subdued christmas.
Australians Are Expected To Splash Much Of The Cash They Stashed During Lockdowns On Christmas Spending, After October And November Sales Already.
Eiuโs consumer goods and retail outlook 2024 provides a comprehensive view of the challenges, opportunities and trends to watch in the coming year.
National Income, Expenditure And Product, June 2024;
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In 2023, Australians Collectively Spent A Significant Amount On Christmas Shopping, Showcasing A Robust Festive Season Spending Despite The Challenges Posed.
The national retail association has reported a nearly 4 per cent increase in retail spending across australia compared to last year.
The Latest Kpmg Australia Retail Health Index (Rhi) Indicates That A Slower Than Expected Christmas Trading Period Will See A Sluggish Return To.
Retail forecasts is produced quarterly and provides analysis of current retail spending and the economic drivers that influence this.