Consumer spending during Christmas sales expected to be more subdued this year

Overall Christmas spending is in decline this year, according to the Australian Retailers Association

Overall Christmas spending is in decline this year, according to the Australian Retailers Association Source: AAP / STEVEN SAPHORE

Australian retailers are expecting more subdued Christmas sales activity this year. Multiple interest rate rises over the past year and cost-of-living pressures have reduced the budgets for gift buying.


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