The Canberra Times
Wednesday, 6 December 2023

Sales stagnate as consumers rein in spending

Adrian Rollins
May 27 2023 - 5:30am

Retail turnover was flat even before the latest interest rate hike in further evidence that tight monetary policy is squeezing household budgets and curtailing spending.

Adrian Rollins

Adrian Rollins

Journalist

Adrian Rollins is economics correspondent for the Canberra Times